2026-01-08 10:25:01

MAGMA's recent movement is quite interesting. I shorted at the 0.163 level, and although I was hit to 0.153 which was a bit uncomfortable, I still managed to keep the overall rhythm under control.

From the lowest point to the first target of 0.155, the progress has been quite smooth. Now, the main focus is whether the second target can be reached as expected, so I will continue to observe the subsequent volume performance.

Next, I plan to adjust my strategy and explore new directions. If you're interested in this approach, we can discuss and exchange ideas to see what other opportunities the market might have.

MAGMA-14,1%

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UnluckyLemur

· 9h ago

0.153 that drop was indeed brutal, but the rebound to 0.155 is still stable. Let's see if the second target can break through.

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RumbleValidator

· 18h ago

The move from 0.163 to 0.153, the trading volume can't keep up, so the second target is uncertain.

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BankruptcyArtist

· 01-09 22:50

0.153 That drop was indeed a bit sharp, but those who can stay calm are the tough ones.

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FOMOSapien

· 01-08 22:11

0.153 that cut was really painful, but luckily I didn't sell my holdings

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OldLeekConfession

· 01-08 10:55

0.153 that drop was really tough, but your rhythm control is pretty good

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HalfBuddhaMoney

· 01-08 10:54

0.153 That hit was still a bit fierce, testing my mentality.

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TxFailed

· 01-08 10:54

ngl, that 0.153 liquidation trap caught a lot of people off guard... learned this the hard way before tbh

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Layer2Arbitrageur

· 01-08 10:51

lmao got liquidated watching this bounce, but ngl the order book depth at 0.153 was actually chef's kiss for extracting value

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WenMoon42

· 01-08 10:49

Short positions at this level are indeed painful, but being able to withstand the volatility shows a stable mindset. Waiting to see the second target. If the volume picks up in this wave, it will be interesting.

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ImpermanentPhilosopher

· 01-08 10:35

0.153 that move was indeed fierce, but you held up well, which is really good. How do you see the second target? Is the trading volume keeping up now?

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