🟢 $MAGMA / USDT – Long Setup 🚀
MAGMAUSDT
Διην.
0.09761
-4.90%
MAGMA is showing signs of a potential trend reversal after an extended downtrend. Price is stabilizing near a key support zone, with selling pressure weakening and structure beginning to form a base.
📊 Trade Idea (Long):
• Entry Zone: 0.089 – 0.091
• Target 1: 0.0940
• Target 2: 0.0980
• Target 3: 0.1020
• Stop Loss: 0.0840
📈 Market Outlook:
Price is consolidating after a corrective move, with momentum gradually shifting back to the upside. As long as MAGMA holds above the 0.088–0.089 support zone, a recovery toward the 0.098–0.102 resistance area remains likely. A breakout above short-term resistance could accelerate bullish momentum.
⚠️ Trade with confirmation and manage risk properly.