$MAGMA Price Action & Market Outlook 📉

​As of January 8, 2026,

MAGMASui
MAGMAUSDT
0.13546
-9.69%

$MAGMA is navigating a high-volatility phase following its recent derivatives expansion. The current price is holding near $0.14301, showing a modest daily gain of approximately 3.98% despite broader weekly selling pressure.

​Key Technical Observations:

​Critical Battleground: The price is currently testing a vital resistance zone between $0.142 and $0.145. Reclaiming the $0.146 level is necessary to shift the short-term bearish structure back toward a bullish trend.

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