$MAGMA – Bounce into resistance, starting to stall out
Trading Plan Short $M$MAGMA max 10x )
Entry: 0.127-0.133
SL: 0.145
TP: 0.115
TP: 0.105
TP: 0.096
Price pushed back up into this zone but the move lacks strength. Instead of a clean breakout, it’s showing hesitation with weaker follow-through. When price revisits resistance without momentum like this, it often gets rejected and rolls over as sellers step in.
Trade $MAGMA here 👇
Trading Plan Short $M$MAGMA max 10x )
Entry: 0.127-0.133
SL: 0.145
TP: 0.115
TP: 0.105
TP: 0.096
Price pushed back up into this zone but the move lacks strength. Instead of a clean breakout, it’s showing hesitation with weaker follow-through. When price revisits resistance without momentum like this, it often gets rejected and rolls over as sellers step in.
Trade $MAGMA here 👇