$MAGMA
Position: Long
EP: $0.6080 - $0.6180
TP1: $0.6350
TP2: $0.6550
TP3: $0.6800
SL: $0.5920
The short liquidation suggests sellers have lost control, improving the bullish outlook. Price is trading above an important support zone with momentum favoring continued upside. If buyers maintain control through the current liquidity area, the move can extend toward the listed profit targets.
$MAGMA
Position: Long
EP: $0.6080 - $0.6180
TP1: $0.6350
TP2: $0.6550
TP3: $0.6800
SL: $0.5920
The short liquidation suggests sellers have lost control, improving the bullish outlook. Price is trading above an important support zone with momentum favoring continued upside. If buyers maintain control through the current liquidity area, the move can extend toward the listed profit targets.
$MAGMA
