$MAGMA (Magma Finance)
Market Overview: Up +6.93%. MAGMA is riding high on recent major exchange listings (Binance Alpha, Gate.io). It is one of the strongest performers in the Sui ecosystem right now.
Key Support: $0.1380
Key Resistance: $0.1620
Next Move: Testing the $0.1500 psychological barrier.
Trade Targets:
TG1: $0.1650
TG2: $0.1800
TG3: $0.2000+ (New ATH)
Short & Mid-term Insight: Bullish. The high 24h volume ($72M) suggests institutional interest. Mid-term risk includes a large token unlock in March 2026.
Pro Tip: Use a trailing stop loss here. Parabolic moves often see sharp 10-15% "flash crashes" to shake out late buyers.
