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$MAGMA Signal】Long | 1H Pullback Stabilized + 4H Trend Continues
$MAGMA 1H RSI dropped to 54.96, with the 4H Bollinger middle band at 0.3313 far below.
Orders clustered around 0.395, selling pressure being slowly absorbed.
Funds are hesitant in the 0.414-0.416 range, but there is solid support below.
Divergence between RSI and previous highs has not been broken,
4H MACD bullish momentum has shrunk but 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 - 0.4161