🎯 MAGMA/USDT SHORT SETUP — BEARS ARE STEPPING IN

I’m watching MAGMA/USDT for a short from the current supply zone. Price pushed strongly higher, but after reaching the 0.57 area, we started seeing rejection and a change in market structure.
The chart is now showing a bearish setup with price breaking down from the recent structure. For me, the key area to watch is the 0.48300–0.50000 entry zone.
📌 Trade Plan:
🔻 Direction: SHORT
⚡ Leverage: Cross 50×
🎯 Entry: 0.48300 – 0.50000
🛑 Stop Loss: 0.57000
Take Profit Levels:
🎯 TP1: 0.47000
🎯 TP2: 0.46000
🎯 TP3: 0.40000
🎯 TP4: 0.30000
The main idea behind this setup is to catch the downside move from the supply/rejection area. The chart also shows the CHOH, descending trendline and previous buyer zones, which are important areas I’m monitoring for confirmation.
If TP1 and TP2 are reached, I would personally focus on how price reacts there rather than blindly expecting the full move to TP4. The lower levels around 0.4000 and 0.3000 become interesting if bearish momentum continues.
⚠️ Risk management is extremely important here. 50× leverage is aggressive, so I would keep the actual position size small. The chart plan suggests risking only around 2%–3% of the portfolio, not 2%–3% of the position.
This is my technical setup, not a guarantee. Let the price confirm the idea and manage the risk accordingly.
What do you think — can MAGMA continue the drop toward 0.40 and eventually 0.30, or will buyers defend the current zone? 👇
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