2026-01-09 06:32:46

Hello everyone! Recently, there have been fewer new coin projects, so I will continue to share my daily trading ideas.

The ZEC and BTC shares I shared some time ago have brought good returns for everyone. Yesterday, #4 successfully took profit at 0.0212, congratulations to those who followed.

Today, I found a trading opportunity. The small coin $MAGMA is worth paying attention to. From the contract position data, the 0.1504 level is an important technical neckline, which currently has a lot of short positions added. Once the price effectively breaks through this range, these shorts are likely to get trapped, potentially accelerating the upward trend.

The trading idea is as follows: wait for the price to retrace and approach the neckline again on the right side, then enter in batches to go long. Set a stop loss around 0.146, and take profit flexibly based on your risk preference. In simple terms, risk management always comes first.

What do you all think about this market? Do you think it can break through? Feel free to share your thoughts and strategies in the comments. Liking and sharing support me to continue analyzing these trading opportunities!

ZEC3,09%

BTC0,5%

MAGMA-10,45%

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SelfStaking

· 19h ago

Bro, that wave of ZEC was really awesome. I need to take another look at the data for MAGMA. --- Breakdown? Honestly, it's a bit uncertain. The bears are stacked here, need to wait for a good opportunity. --- Your risk management is on point, but I'm a bit worried about this coin's liquidity. --- Stop loss at 0.146? Feels a bit tight. I prefer to keep it more relaxed. --- I made a profit with your order. I'll do some more research on MAGMA this time and then decide. --- If it can break through, it depends on whether the volume can keep up. No volume, no point. --- How do you analyze the contract data? Do you have a chart? --- Shorts being trapped can indeed lead to a rally, but be careful with reverse operations.

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StrawberryIce

· 23h ago

Thinking whether MAGMA can really break through, it feels like the bears are quite fierce.

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LiquidityWitch

· 01-10 04:13

ah, the classic liquidity trap disguised as breakout potential... 0.1504 screaming like a cursed LP position waiting to liquidate the weak hands. ngl, those stacked shorts ARE brewing something alchemical here

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TokenVelocity

· 01-09 07:02

0.1504 can't be broken, there's a high possibility of a trap to shake out traders this time.

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ChainWatcher

· 01-09 07:02

Bro, you nailed the MAGMA levels this time Breaking below should be no problem, with so many shorts, one set and it will take off

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OldLeekConfession

· 01-09 06:59

Here comes the reaping again, is 0.1504 really the neckline? It looks a bit shaky to me.

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AirdropHunter

· 01-09 06:46

0.1504, this neckline is quite interesting. I understand the logic of the bears being trapped, but I'm worried this might just be a false breakout...

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PretendingToReadDocs

· 01-09 06:44

0.1504 this level is indeed interesting; it's not without reason that the bears are clustering there.

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RektCoaster

· 01-09 06:41

1. Here we go again, trying to shake us out? Last time at 0.0212, you guys said the same thing. 2. Honestly, 0.1504 is unbreakable, I’m just doomed to lose money. 3. Damn, should I wait this time? Feels like it’s another trap, you know?

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