$MAGMA | 1H | Breakout Continuation


Bias: Long
Entry Zone: 0.5550 to 0.5700
Stop Loss: 0.5280
Targets:
TP1: 0.5900
TP2: 0.6200
TP3: 0.6500
Invalidation:
Close below 0.5280
Why This Setup:
I’m seeing a strong impulsive breakout with volume expansion and buyers defending the breakout area. If price holds above the prior resistance, I expect continuation into the next liquidity pockets.
MAGMA63.79%
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