$MAGMA/USDT Technical Signal 📊
Price: $0.09189
Trend: Bearish (-8.63%) 🔻
24h Range: High $0.1020 | Low $0.0879
Volume: $2.27M
Analysis: The 4h chart indicates MAGMA is underperforming, hitting a new all-time low of $0.08795 on January 26, 2026. Price is currently testing this fresh support level after a significant correction from its December high of $0.1849.
Market Update: Binance Futures recently expanded its derivatives list by launching MAGMAUSDT Perpetual Contracts with up to 20x leverage, which has introduced higher volatility to the asset.
Observation: Immediate support is at $0.0879. If this level fails, further downside is likely. Resistance for a potential relief rally sits at $0.102. 🚨
