$MAGMA is showing strong bullish momentum after a sharp breakout phase, with buyers aggressively driving price higher across the session. Over the last 24 hours, MAGMA gained 43.22%, trading around $0.385 while volume increased to $12.9M, reflecting strong market participation and continued interest. The rise in both price and volume suggests accumulation-driven momentum rather than a short-lived spike. However, after such a steep move, short-term volatility and profit-taking are expected. As long as MAGMA holds above the $0.32–$0.34 support zone, the bullish structure remains intact. A breakout above $0.40 could extend the rally further.

Trading Plan Long $MAGMA

Entry: 0.33 – 0.38

SL: 0.29

TP: 0.41

TP: 0.46

TP: 0.55

**Trade here $MAGMA

MAGMAUSDT

Perp.

0.3399

+5.71%