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Most traders will fade $MAGMA /USDT right here—that’s exactly why I’m watching the long entry.
$MAGMA - LONG
Trade Plan:
Entry: 0.4099979 – 0.4123021
SL: 0.3784418
TP1: 0.4356811
TP2: 0.4520352
TP3: 0.4765663
Why this setup?
1D trend is range, but 4h EMA structure favors a bounce. RSI 15m at 41.67 is oversold on the short timeframe. Entry at 0.41115 with tight SL at 0.37844 gives a 1:3 risk-to-reward to TP1 at 0.43568. The invalid level at 0.41574 confirms the setup has room to run before resistance.
Debate:
Are you buying the 0.411 dip or waiting for a lower retest?
#PredictWorldCup🇪🇸vs🇧🇪