$MAGMA | 1h | Breakdown Short


Bias: Short
Entry Zone: 0.4140 to 0.4180
Stop Loss: 0.4285
Targets:
TP1: 0.4040
TP2: 0.3920
TP3: 0.3780
Invalidation:
Close above 0.4285
Why This Setup:
I’m looking at a failed bounce back into prior support after a sharp selloff, with price holding below the broken intraday structure. The level around 0.4170 remains the key pivot, and a clean loss of that area should invite another leg lower toward the recent range lows.
MAGMA-1.87%
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