$MAGMA accelerated, hit the resistance zone and started to lose steam. Buyers are still trying to push, but the candles are becoming uneven, the momentum is fading, and the structure begins to hint at fatigue. Instead of a clean continuation — stagnation and pullbacks.
When the movement exhausts at resistance, sellers usually return. The next logical step is a downward correction.
Short-term plan:
Entry: 0.137–0.145
Stop: 0.155
TP1: 0.128
TP2: 0.118
TP3: 0.108
Who is watching MAGMA — are you shorting the bounce or waiting for a breakout at 0.135?
MAGMAUSDT
Perp
0.11213
-5.49%