【$MAGMAUSDT】Main force capital intentions exposed
$MAGMA During regular intraday fluctuation period, after volume and price surge together and break through on the 4-hour level, currently shrinking back to test the middle band of Bollinger Bands. MACD histogram is contracting but still above the zero axis, EMA20 and EMA50 on the 1-hour level are about to form a golden cross, orders just below 0.1178 are extremely thick, the main force's intention to prop up is too obvious. With this structure, the risk-reward ratio is good, worth a gamble on a rebound.
At current price around 0.1178, go long