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$MAGMA – Strong pump has slowed near highs, hinting at potential reversal
Trading Plan Short $MAGMA
Entry: 0.149 – 0.153
SL: 0.158
TP: 0.140
TP: 0.132
TP: 0.120
Price action is showing signs of exhaustion, and the failure to break through resistance has opened the door for a pullback. The move up has been aggressive, but it's losing momentum. Sellers are likely to step in as the rally stalls.
Trade $MAGMA here 👇