$MAGMA BEARISH CONTINUATION SETUP AS PRICE LEANS ON KEY SUPPORT
Short $MAGMA
Entry: 0.1815 - 0.1865
SL: 0.1915
TP1: 0.1765
TP2: 0.1695
TP3: 0.1605
The 4H structure has rolled over after failing to hold the mid-range reclaim, and price is now pressing directly into the last clean support band. Liquidity is sitting under 0.176 and that makes a sweep lower attractive unless buyers can reclaim the 0.19 area fast. The invalidation above 0.1915 makes sense because that would put price back into the broken supply zone and weaken the bearish sequence.
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MAGMAUSDT
Prep
0.21654
-5.28%