$MAGMA Losing Strength ... Short Setup Active

MAGMA showing clear weakness after rejection near 0.22. Price is making lower highs and slowly moving down, which signals sellers are taking control.

If price stays below 0.21, more downside is expected.

Trade Setup:

Entry: 0.200 – 0.205

Target: 0.185 – 0.175

Stop Loss: Above 0.215

Trend is turning bearish, better to look for short opportunities.

$MAGMA

MAGMASui
MAGMAUSDT
0.23052
-15.01%