$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)
MAGMA-7.92%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin