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#MAGMA $MAGMA 15m has dipped back; current price is $0.37146, down 4.49% in 24h.
I usually first look at two things; the direction hasn’t opened up completely yet—don’t hard-guess in the middle.
But there’s one thing: on the big-holder side, long vs short positions are 60:40, clearly leaning long. If the key level wasn’t held, the rhythm may repeat.
I’ve put both charts below: the first one looks at the analysis levels, and the second one looks at the web K-line.
Holding $0.36032 still leaves room for recovery; only when it gets back above $0.38075 can it be considered to have eased.