🔥 $MAGMA Imminent Collapse: Shorts Primed for Profit! 🚀

Short Scalp Entry Zone: 0.1420 – 0.1450

TP1: 0.1340

TP2: 0.1285

Stop Loss: 0.1485

Leverage: 20x – 50x

Margin: 2% – 5%

$MAGMA is getting decimated after a brutal rejection at 0.1600. 📉 Sellers are dominating, pushing price below key moving averages and establishing a clear downtrend with lower highs and lower lows. Any attempt at a bounce towards 0.1420–0.1450 should be viewed as a selling opportunity.

Below 0.1350, expect a cascade of selling. Only a decisive break above 0.1460 would shift the narrative. Protect your capital and manage risk – partial profits at TP1 and move your stop to entry.

#MAGMA #Shorts #ScalpTrade #Crypto 🐻

MAGMA

Alpha

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