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$MAGMA | 1h | Breakdown Retest Short
Bias: Short
Entry Zone: 0.4145 to 0.4190
Stop Loss: 0.4305
Targets:
TP1: 0.4040
TP2: 0.3960
TP3: 0.3880
Invalidation:
Close above 0.4305
Why This Setup:
I’m shorting the weak retest under the prior support shelf after a sharp selloff and failed bounce. Structure is still leaning lower, and I want continuation toward the next liquidity pockets if the range floor gives way.