Hey guys! $MAGMA is showing clear rejection after testing the 0.149 resistance zone. The recent rally is losing strength, and price is now struggling to maintain higher levels, which points to fading bullish momentum and rising sell pressure. A break below 0.135 can confirm bearish continuation.

MAGMASui
MAGMAUSDT
0.19418
+1.99%

Targets:

TP1: 0.128

TP2: 0.112

Stop Loss: 0.149

Risk management: Avoid chasing breakout candles, keep leverage low, and secure partial profits at TP1 to manage risk properly.

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