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$MAGMA facing strong rejection after breakout attempt 🥵
Short $MAGMA
Entry: 0.220 – 0.240
SL: 0.260
TP1: 0.210
TP2: 0.195
TP3: 0.170
TP4: 0.155
Why:
Price pumped aggressively but got sharply rejected from 0.288, forming a strong bearish candle. Momentum is fading with RSI dropping and MACD slowing down. This looks like a failed breakout turning into a pullback toward MA25/MA99 zone. Unless price reclaims 0.26+, downside continuation is likely.
📩 DM me to know how to join my premium group for high quality trade setups
Trade $MAGMA here 👇
{future}(MAGMAUSDT)