MAGMA's recent trend has attracted a lot of attention. From the 4-hour chart, the price has successfully broken through the previous downtrend channel, and the volume and price action are quite good, which usually indicates that the main force's accumulation phase has come to an end and a rally may be about to unfold.



The current price is at 0.14333. If you plan to participate in this wave, risk management becomes especially important. When setting a stop-loss, it is more prudent to base it on twice the daily support level, which means if the price falls below 0.139, you should exit decisively.

From a technical perspective, this kind of volume-price combined pattern is still worth paying attention to. However, any trading involves risks, and proper risk management should always come first.
MAGMA-1,15%
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DuckFluffvip
· 01-09 07:19
Yeah, it broke out. This wave looks pretty good, but you need to hold the 0.139 level and definitely don't be greedy.
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SignatureDeniedvip
· 01-08 18:30
Is the accumulation finished and ready to rise? Just listen, I think it looks more like the big players are just shaking out the weak hands. --- Stop loss at 0.139? This guy is a bit too optimistic, I've seen this kind of breakout many times, and it just crashes right after. --- Volume and price coordination? I just want to ask how likely is it to break below 0.14, anyway I wouldn't dare to buy in. --- The phrase "main force is accumulating" sounds so familiar... last time I heard this, I ended up losing money for nothing. --- Is the 0.14 level really stable? Feels like it could sink at any moment. --- The idea that "the wind pipe always comes first" is not wrong, but when it comes to critical moments, everyone wants to take a gamble. That's how I am. --- Another breakout from the descending channel, and volume-price coordination... how many naive investors can this kind of rhetoric fool? --- Not touching, not touching, holding an empty position and watching the show, let's wait and see.
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POAPlectionistvip
· 01-07 22:52
Once the accumulation is complete, it's time to push it up. We've seen this routine many times. The key is to set a proper stop-loss and not to hesitate.
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MemeCuratorvip
· 01-07 05:53
Breaking out and rising again with this narrative is getting old. When it really hits 0.139, can it still escape? --- With such perfect coordination of volume and price, why does it feel like they're just about to hit the daily limit? --- The main force has finished accumulating... So what are we retail investors supposed to do? --- Wait, are we really going to stop-loss at 0.139, or will it "possibly" not fall back to that level? --- Once again, "a rally might be about to unfold." When does this 'might' turn into a certainty? --- Risk control first, so why are we still watching the 0.14333 level? --- Breaking the channel means a big move is coming? I've heard this logic a hundred times already.
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MeaninglessApevip
· 01-07 05:50
Trying to run just because the channel breaks? It depends on how many chips the main force still has in hand.
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CompoundPersonalityvip
· 01-07 05:48
0.139, I remember this key level, but I've seen too many analyses like this, and in the end, it's all just a bluff.
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ForkInTheRoadvip
· 01-07 05:33
It sounds like yet another story of "main force accumulating to push up." I've heard this explanation too many times. Breaking through the descending channel looks pretty good, to be honest, but the stop-loss at 0.139 feels a bit tight... A sudden fluctuation could knock me out. Anyway, I don't dare to go all in; better to buy in batches. After all, there aren't many coins that can really rally.
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