$MAGMA You can pay attention to the long side from this position. At the moment, traders chasing shorts late here are likely to get trapped. From the order book/price action, the 4-hour bullish structure is still intact, and the daily support has held. The price has been repeatedly bouncing around 0.29551 to 0.29673. The 15-minute RSI has reached 69, momentum is relatively strong, and volume has also confirmed that there are genuine buyers participating. If you’re looking to go long from this area, watch the target zone above at 0.30051 to 0.30782, and set the defense around 0.29027. Whether it can continue to move higher depends on whether the buyers can keep following through—everyone, manage risk and don’t blindly go heavy on position sizing.