【$MAGMA Signal】Long + Healthy Consolidation After Breakout

After a volume breakout on the 4H timeframe, the price consolidates tightly above the previous high, which is a typical healthy reset after a breakout. The price fluctuates within the 0.099-0.101 range, with buying pressure continuously absorbing the pullback and no significant selling pressure observed. The 4H volume indicates the breakout is valid, with funding rates remaining positive but not overheated. The order book shows concentrated sell orders at 0.10006-0.10011; breaking above this will open upward space.

🎯 Direction: Long

🎯 Entry: 0.1003 - 0.1010

🛑 Stop Loss: 0.0970 $MAGMA Rigid stop loss, placed below the previous 4H candle low (

🚀 Target 1: 0.1080

🚀 Target 2: 0.1150

Core Logic: After volume-driven breakout of the 0.091-0.099 consolidation zone, there was no quick retest or sell-off, but rather high-level consolidation above the breakout point. This structure indicates the breakout is effective, with selling pressure absorbed. The 4H candles show a bullish flag pattern with higher highs and flat lows. The stop loss is set below the key breakout zone, offering a favorable risk-reward ratio. Currently, this consolidation presents a probabilistic advantage for bulls, aiming to capture a secondary surge after the consolidation ends.

Trade 👇 )

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