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$MAGMA | 1h | Range Breakdown Retest
Bias: Long
Entry Zone: 0.2520 to 0.2620
Stop Loss: 0.2425
Targets:
TP1: 0.2750
TP2: 0.2940
TP3: 0.3180
Invalidation:
Close below 0.2425
Why This Setup:
I’m watching the current range base after the sharp selloff into the 0.25 area. If price reclaims and holds above the local support zone, I want continuation back toward the prior breakdown levels and the next liquidity pockets above.