【$MAGMAUSDT】Principal Funds' Intentions Exposed
$MAGMA During regular intraday fluctuations, after a breakout with volume and price rising together on the 4-hour level, currently contracting and pulling back to the Bollinger Band midline. MACD histogram is contracting but still above the zero axis, 1-hour level EMA20 and EMA50 are about to form a golden cross, extremely thick pending orders below 0.1178, the principal's support intention is too obvious. Under this structure, the risk-reward ratio is decent, worth taking a gamble on a bounce.
Direct long near current price 0.1178, with stop lo