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$MAGMA (1h) - Breakout Continuation
Bias: Long
Entry (Zone): 0.5550 - 0.5690
Targets:
TP1: 0.5850
TP2: 0.6170
TP3: 0.6580
Stop Loss: 0.5320
Why this Setup:
I’m looking for continuation as long as MAGMA holds above the breakout area. The strong impulse and follow-through volume suggest buyers are still in control, and I want a pullback or consolidation entry near support for a move toward the next resistance levels.