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$MAGMA – Bounce into resistance, starting to stall out
Trading Plan Short $MAGMA
Entry: 0.189 – 0.201
SL: 0.215
TP: 0.175
TP: 0.158
TP: 0.142
Price pushed back up into this zone but the move lacks strength. Instead of a clean breakout, it’s showing hesitation with weaker follow-through. When price revisits resistance without momentum like this, it often gets rejected and rolls over as sellers step in.
Trade $MAGMA here 👇