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Royal Bulls

$MAGMA is showing $1.3071K in short liquidation around $0.51726, signaling buyers are forcing shorts to cover after the recent move.

Support: $0.505–$0.518

Resistance: $0.530–$0.550

Next Targets: $0.550 → $0.590 → $0.630

Invalidation: Below $0.485

A clean reclaim above $0.530 could accelerate momentum toward $0.59. Holding $0.505 keeps the bullish setup active.


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coin
MAGMA/USDT
Perp
0.24158
+6.22%

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