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💰 $MAGMA /USDT
🔼 LONG
✳️ ENTRY: 0.3300, 0.3100
🎯 TARGETS: 0.3450, 0.3560, 0.3630, 0.3800, 0.4000, 0.4500, 0.5500, 0.7000
🀄️ LEVERAGE: Cross 10x
🔴 STOPLOSS: 0.2900
Price is recovering strongly from the 0.2924 bottom and has reclaimed MA7 and MA25 on the 15M chart. MACD has completed a bullish crossover with expanding green histogram, while RSI continues to strengthen, indicating improving momentum.
On the 1H chart, price is still trading below MA99 and MA200, making the 0.3800-0.4000 zone the key resistance area. A successful breakout above this region could accelerate the rally toward 0.4500, 0.5500, and eventually 0.7000.
⚠️ Move SL to Entry once 0.3800 is reached.
⚠️ Risk Management: The safest entry is on a pullback toward 0.3300-0.3100 while the bullish structure remains intact.