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$MAGMA (1h) - Momentum Pullback Long
Bias: Long
Entry (Zone): 0.4060 - 0.4140
Targets:
TP1: 0.4320
TP2: 0.4480
TP3: 0.4620
Stop Loss: 0.3960
Why this Setup:
I’m looking for a continuation long after the strong breakout, with price pulling back into a nearby support zone and holding above the breakout area. If buyers keep defending this level, I expect another push toward the recent highs and a clean extension higher.