The chart shows $MAGMA in a cooling phase after a sharp vertical rally. It recently hit a high of 0.26900, but current price action suggests a short-term correction or consolidation as it tests immediate support levels.
Key Levels & Strategy
Entry Zone: $0.235 - 0.245 (Looking for a bounce near the SAR support dots).
Target 1 (TP1): 0.269 (Recent High/Resistance).
Target 2 (TP2): 0.285 (Fibonacci extension level).
Stop Loss (SL): 0.215 (Below previous structure low).
$USDC $XRP
#MassiveReturns
#Market_Update
Key Levels & Strategy
Entry Zone: $0.235 - 0.245 (Looking for a bounce near the SAR support dots).
Target 1 (TP1): 0.269 (Recent High/Resistance).
Target 2 (TP2): 0.285 (Fibonacci extension level).
Stop Loss (SL): 0.215 (Below previous structure low).
$USDC $XRP
#MassiveReturns
#Market_Update