🚨$MAGMA support is officially broken🚨
Multiple bounces failed and MAGMAUS finally cracked the level.😱
Until MAGMAUS reclaims the red zone, trend stays bearish.😬
Price has lost a key support zone (highlighted in red), which was previously respected multiple times.
Those orange circles show multiple confirmations of support, but once it broke, structure shifted bearish.
📉 What this means:
Previous support → now strong resistance
Clean breakdown + continuation
Current bounce looks like a dead-cat bounce / pullback, not reversal
📌 Key Levels
Resistance: 0.128 – 0.132
Major resistance above: 0.14 – 0.15
Support: 0.11
If 0.11 fails → next liquidity likely 0.10 – 0.095
⚠️ Trading Bias
Bias remains bearish below broken support
Shorts favored on pullbacks into resistance
Longs only make sense after reclaim + hold above 0.13
💡 Lesson
The market doesn’t respect hope — it respects structure.
Support broken = mindset must change.
