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$MAGMA Signal】4H bullish continuation + buy the 1H pullback
$MAGMA 4H RSI 69.47, MACD histogram 0.0176, and price above EMA20. 1H RSI 70.52, MACD histogram -0.0023, and the market cooled after spiking to 0.57704. Order book depth imbalance -37.38%, with thick orders on the Ask side. Funding rate 0.0421%, with long positions not yet at an extreme.
🎯 Direction: 【Long】
⚡ Entry/limit orders: 【0.5402643 - 0.5418900】
🛑 Stop-loss: 【0.5364711】
🚀 Target 1: 【0.5500183】
🚀 Target 2: 【0.5540825】
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move th