🚨🔥 $MAGMA — SHORTS MAY BE IN TROUBLE! 🦈📈
$MAGMA is showing strong momentum, while open interest is rising and funding remains positive. That means leverage is building as the move continues.
🟢 LONG ZONE: $0.30 – $0.37
🛑 SL: $0.25
🎯 TP1: $0.45
🎯 TP2: $0.60
The interesting part? A crowded short side can become fuel if price keeps pushing higher. Short covering and liquidations can add buying pressure — but it needs price confirmation first.
⚠️ $MAGMA is extremely volatile. Don’t blindly enter a large position after a pump. Keep risk controlled and remember positive funding means longs are paying shorts.
LONG $MAGMA 👇
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