$MAGMA Focus on the short side. Right now, everyone online is shouting “long.” At times like this, you should be wary instead. The 4-hour short logic is still holding; the daily chart is stuck in a range, and the price is clearly stalling in the resistance zone from 0.31053 to 0.31165.

Take a look at the 15-minute chart—RSI is around 54, and the bears may still have room to push further down. Also, volume has expanded by nearly 1.5x; real sell pressure has already shown up.

I think you can look for entries around 0.31053 to 0.31165, and watch support toward 0.307 and even around 0.300. Set the defense at 0.31643. Don’t go too heavy chasing it—watch the risk. Are you bullish or bearish?