$MAGMA
MAGMA
Alpha
0.10686
+11.59%
— The trend continues after breaking the structure, buyers are still in control.
Long $MAGMA
Entry: 0.1095 – 0.1110
Stop Loss: 0.1068
Target 1: 0.1145
Target 2: 0.1180
Target 3: 0.1235
The price is heading towards the upper Bollinger area (~0.1112 resistance area). Mid-range support near 0.108 provides a strong buying area for a rebound. MACD is already positive and maintains momentum → Trend continuation bias. As long as the price remains above 0.108, the structure will remain bullish and expansion in the upward direction is possible.
Trade $MAGMA here 👇
MAGMAUSDT
Perpetual
0.11094
+2.77%