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$MAGMA (1h) - Bullish Continuation
Bias: Long
Entry (Zone): 0.442 - 0.448
Targets:
TP1: 0.462
TP2: 0.478
TP3: 0.496
Stop Loss: 0.414
Why this Setup:
I’m seeing a clean continuation attempt after the rebound from the 0.40 area, and price is now pressing back above nearby consolidation resistance. I want a long as long as it holds this breakout zone, with room for a move into the 0.46 to 0.50 resistance band if momentum stays strong.