$MAGMA — 0.250 looks like a dead cat holding zone before continuation down.

Short $MAGMA

Entry: 0.2505 – 0.2520

SL: 0.2716

TP1: 0.2380

TP2: 0.2200

TP3: 0.1550

This rebound into 0.250–0.252 is running into a zone where seller defense is strengthening — ask side was dominant at 52.56% not long ago and the daily structure is still bearish. Momentum on the 1H shows a clear lower high from 0.277. If this area rejects, downside rotation back toward 0.231 and potentially 0.155 could develop fast.

Trade $MAGMA here 👇

MAGMASui
MAGMAUSDT
0.28362
+8.54%