$MAGMA is on my radar because price already flushed liquidity into the 0.13 zone and then started building a tight base instead of breaking down. I’m watching this because sellers lost momentum and buyers slowly stepped back in with control.

I’m treating this as a base to breakout setup. The drop looks absorbed and the recent push tells me demand is waking up again.

Entry Point

I’m looking to enter around 0.1340 to 0.1365. This zone is acting as a reclaimed support after consolidation and price is holding it well.

Target Point

TP1 0.1420

TP2 0.1485

TP3 0.1560

These targets align with prior rejection zones and the upper range from the previous move. If momentum expands, price can move fast once resistance breaks.

Stop Loss

I’m placing my stop at 0.1285. A move below this level would break the base and invalidate the setup.

How it’s possible

Price swept liquidity near 0.1300 and failed to continue lower. I’m seeing higher lows, tight candles, and a clean push from the range high. This tells me supply is drying up and buyers are gaining confidence. If this structure holds, continuation becomes very realistic. I’m trading structure, not noise.

Clear plan. Controlled risk. Simple execution.

Let’s go and Trade now $MAGMA