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$MAGMA (1h) - Long Rebound Setup
Bias: Long
Entry (Zone): 0.4100 - 0.4250
Targets:
TP1: 0.4350
TP2: 0.4480
TP3: 0.4680
Stop Loss: 0.3990
Why this Setup:
I’m looking for a bounce from the recent consolidation after the sharp pullback, with price holding above the 0.40 area and reclaiming the mid-range. I want continuation back toward the prior supply zone if momentum builds.