Wait… wait… wait… 🔴
$MAGMA – Momentum fading right into resistance.
Why Short setup?
The push higher is losing strength as price keeps running into resistance. Buyers tried to extend the move, but follow-through is fading and structure is turning choppy. When momentum slows like this, it often leads to a pullback as sellers step back in.
Trade Plan SHORT 🔴 $MAGMA
Entry: 0.137 – 0.145
SL: 0.155
TP1: 0.128 🎯
TP2: 0.118 🎯
TP3: 0.108 🎯
Trade $MAGMA here 👇
MAGMAUSDT
Perp
0.12147
-5.30%