🚨 $MAGMA USDT – Short Setup Alert 🚨
After a strong push up, price is now hitting resistance and starting to lose momentum. This looks like a classic stall + potential reversal zone — sellers may step in here 📉
🔻 Trading Plan (Short)
Entry: 0.2460 – 0.2520
SL: 0.2808
TP1: 0.2219
TP2: 0.2000
TP3: 0.1550
Price rallied aggressively but now showing signs of exhaustion. If buyers fail to hold this level, we could see a sharp downside move as liquidity gets taken below.
⚠️ Manage risk properly — don’t overleverage. Let the setup play out.
Trade $MAGMA here 👇
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MAGMAUSDT
Perp
0.19482
-7.29%