MAGMA's recent trend has presented many opportunities. In the past two days, the 4-hour K-line has already stabilized above the 5-day and 10-day moving averages, indicating that short-term selling pressure is weakening. From a technical perspective, the RSI(14) is currently at 58, leaving room for further upward movement. More interestingly, the MACD has already formed a golden cross, and the trading volume has increased by about 30% compared to the previous day, which usually signifies genuine participation from bulls.



Fundamentally, the capital flow is also supporting this trend—24-hour net inflow has reached approximately $8 million. The community discussion heat has increased by 45% week-over-week, and many are starting to turn bullish on this direction.

If you want to participate in this wave, consider looking for entry opportunities between 0.158 and 0.165. The first target can be set at 0.175, and if the momentum is strong enough, continuing toward 0.183 is also possible. Of course, set a proper stop-loss—support at 0.148 must be maintained, and once the 4-hour moving averages are broken, a decisive stop-loss should be executed.

The bullish energy at this stage is still accumulating, so short-term attention should be paid to it.
MAGMA-3.28%
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