MAGMA technical analysis today
Mildly bullish
MAGMA is holding above its 200-day moving average, so the bigger trend is still positive, but price is only just reclaiming the 50-day average, which shows the short-term trend is mixed.
The daily RSI is 49, which is neutral: neither buyers nor sellers are clearly in control.
Funding is normal at 0.005% per 8 hours, so leverage does not look stretched.
For today, the first resistance is near $0.28156 and the first support is near $0.24649. A daily close above resistance or below support would show the next direction.
MAGMA support and resistance levels
Resistance 2$0.29713
Resistance 1$0.28156
Pivot$0.26206
Support 1$0.24649
Support 2$0.22699
Classic daily pivot levels for MAGMA, calculated from the last completed daily candle.
Automatic summary from daily candles, updated every few minutes. Not financial advice.
MAGMA FAQ
What is the MAGMA price today?
MAGMA (MAGMA) is trading at $0.27855 on Binance futures, up 1.39% in the last 24 hours. The 24-hour range is $0.25314 to $0.29485.
Is MAGMA bullish or bearish today?
Our technical read for MAGMA today is mildly bullish. MAGMA is holding above its 200-day moving average, so the bigger trend is still positive, but price is only just reclaiming the 50-day average, which shows the short-term trend is mixed. This is an automatic technical summary, not financial advice.
What are the MAGMA support and resistance levels today?
Based on the last daily candle, resistance is near $0.28156 and $0.29713, and support is near $0.24649 and $0.22699. The daily pivot is $0.26206.
Where can I get MAGMA trading signals?
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