$MAGMA During regular intraday fluctuations, after a breakout with volume and price rising together on the 4-hour level, currently contracting and pulling back to the Bollinger Band midline. MACD histogram is contracting but still above the zero axis, 1-hour level EMA20 and EMA50 are about to form a golden cross, extremely thick pending orders below 0.1178, the principal's support intention is too obvious. Under this structure, the risk-reward ratio is decent, worth taking a gamble on a bounce. Direct long near current price 0.1178, with stop loss below 0.1110. First target 0.1296, reduce position by half when reached to lock in breakeven, keep the remaining portion for 0.1357. Check real-time market 👇 $MAGMA --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
【$MAGMAUSDT】Principal Funds' Intentions Exposed
$MAGMA During regular intraday fluctuations, after a breakout with volume and price rising together on the 4-hour level, currently contracting and pulling back to the Bollinger Band midline. MACD histogram is contracting but still above the zero axis, 1-hour level EMA20 and EMA50 are about to form a golden cross, extremely thick pending orders below 0.1178, the principal's support intention is too obvious. Under this structure, the risk-reward ratio is decent, worth taking a gamble on a bounce.
Direct long near current price 0.1178, with stop loss below 0.1110. First target 0.1296, reduce position by half when reached to lock in breakeven, keep the remaining portion for 0.1357.
Check real-time market 👇 $MAGMA
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Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡