$MAGMA market structure setup (Short)

Setup grade: 🏠 Home Run

Leverage is building — -4.60% OI change in the last 4h. A sharp +40.20% displacement is visible, and the framework remains intact.

Structure: Range-bound structure

Notable mover on Binance Futures: 40.2% displacement today.

Entry: 0.213091 - 0.220189

Support/Resistance: 0.22084 | 0.194149

Targets:

🎯 TP1: 0.20362 (+6.01%)

🎯 TP2: 0.194149 (+10.38%)

🎯 TP3: 0.182443 (+15.79%)

❌ Invalidation: Above 0.228648

Use the chart widget below to enter this setup 📊 #magma #binancesquare

MAGMAUSDT

Perp

0.18951

-0.49%