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$MAGMA (1h) - Momentum Long
Bias: Long
Entry (Zone): 0.488 - 0.495
Targets:
TP1: 0.505
TP2: 0.520
TP3: 0.540
Stop Loss: 0.472
Why this Setup:
I’m staying with the bullish breakout as price is holding above the prior consolidation and pushing into fresh highs with strong momentum. I want a small pullback or continuation entry near the breakout area, with room to extend toward the next resistance zones if buyers keep control.