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$MAGMA | 1h | Breakdown Short
Bias: Short
Entry Zone: 0.2680 to 0.2730
Stop Loss: 0.2865
Targets:
TP1: 0.2515
TP2: 0.2390
TP3: 0.2195
Invalidation:
Close above 0.2865
Why This Setup:
I’m watching a weak bounce under the 0.29–0.30 supply zone after a sharp selloff and failed recovery. The structure still favors lower highs, and a break back below the local range should open the move toward prior liquidity lows.