🚨 $MAGMA Strategy: Sniping the Exhaustion
The "God Candle" has reached its peak. Talha Sniper doesn't chase the green; we wait for the stall to snipe the reversal. With the $0.218 rejection confirmed, we are looking for a deep mean reversion as the leverage uncoils.
Entry Zone: 0.191 – 0.203 (Supply Rejection)
TP1: 0.178 (MA-25 Support)
TP2: 0.162 (Structural Demand)
TP3: 0.146 (Full Retracement Zone)
Stop Loss: 0.214 (Above Local High)
Trade Logic:
Price ran up aggressively into the $0.21 resistance but is losing the ability to print higher highs. The 1H candles are closing with long upper wicks, signaling that sellers are stepping in. We are entering the short on the 10x max leverage setup, targeting the $0.17 floor. Move SL to break even once TP1 is hit.
#MAGMA #ShortSignal #TalhaSniper #BinanceSquare #smartmoney
