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$MAGMA MAGMA three-cycle top synced! 1-hour TD Sell 9 completed, the violent rally's main uptrend has ended, entering a wave correction.
Fund signals: price up with increasing open interest shows divergence at highs, massive volume spike followed by shrinking volume rebound, order book sell depth consistently dominant, high-leverage longs starting to be liquidated in batches.
Key levels: strong resistance 0.74269, 0.7268; short-term lifeline 0.70, mid-term support 0.63.
Outlook: after topping grinding at highs, continue downward, first break 0.70, deeper target toward the 0.63 support area.
Action: exit all long positions at highs, open shorts in the 0.720-0.726 range, do not buy the dip or add longs, strictly set stop-loss and control position size.