【$MAGMA Signal】Long | 1H retracement stabilizes + 4H trend continues

$MAGMA 1H RSI drops to 54.96, the middle band of the 4H Bollinger is at 0.3313, far below. Orders are densely placed around 0.395, selling pressure is being slowly digested. The 0.414-0.416 range shows hesitation from funds but solid support below. The divergence between RSI and previous highs has not been broken, and although the bullish momentum of the 4H MACD has diminished, it has not turned negative. Current risk-reward ratio is 1.5, stop-loss is manageable, making it worth betting on a continued rebound.
🎯Direction: Long
⚡Entry/Order: 0.4148617 - 0.4161100
🛑Stop-loss: 0.3953045
🚀Target 1: 0.4473182
🚀Target 2: 0.4629224
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop-loss to break-even. If the price falls back into the entry zone, automatically exit to protect principal.
View real-time market 👇 $MAGMA
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