$MAGMA Volatile Structure Breakout or Fakeout Zone ⚡
Price is moving in a wide range with sharp spikes, showing strong volatility. Recent push near resistance (~0.24) suggests momentum, but multiple rejections indicate this zone is heavy supply.
Trade Setup:
Long (Breakout): 🚀
Entry: Above 0.240 (strong daily close)
SL: 0.220
TP1: 0.270
TP2: 0.300
Buy and trade $MAGMA
MAGMAUSDT
Perp
0.21341
-1.35%