Magma Finance (MAGMA) Market Structure Today

Market structure now

Calculated 2 November 2026, 19:20 UTC from closed candles of the Binance MAGMAUSDT perpetual, last price 0.47047.

MAGMA market structure by timeframe, calculated 2 November 2026, 19:20 UTC
Chart	Trend	Last swing high	Last swing low	Trend flips on	RSI 14
1h	Bearishsince 2 Nov, 09:00 UTC	0.48071HH · 2 Nov, 04:00 UTC	0.43480LL · 2 Nov, 12:00 UTC	Close above 0.48071turns it bullish · 2.18 percent away	57.3
4h	Bullishsince 13 Oct, 16:00 UTC	0.48400HH · 1 Nov, 00:00 UTC	0.24256HL · 28 Oct, 00:00 UTC	Close below 0.24256turns it bearish · 48.44 percent away	73.8
Daily	Bullishsince the 2 Oct close	0.56898HH · 22 Oct	0.21666HL · 24 Oct	Close below 0.21666turns it bearish · 53.95 percent away	64.9

Summary built from the table The timeframes disagree: the 4h and daily trends are bullish and the 1h trend is bearish. The 1h trend turned bearish with a close below 0.44246 at 09:00 UTC on 2 Nov, the 4h trend turned bullish with a close above 0.22874 at 16:00 UTC on 13 Oct, and the daily trend with a close above 0.28100 on 2 Oct. The 1h higher high does not change that trend: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 0.48071 on the 1h chart, 2.18 percent from the last price; a 1h close above it would turn the 1h trend bullish.

Last 24 hours (rolling, at calculation time): up 3.97 percent, range 0.43480 to 0.48580.
Funding: the current rate on this perpetual is 0.0164 percent (longs pay shorts), the live estimate for the next payment at 2 Nov, 20:00 UTC; the contract pays every 4 hours. Funding rates across the market
Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.

The last 60 closed four-hour candles of MAGMAUSDT with every confirmed swing label and the 4-hour flip level (dashed). A swing is confirmed five candles after it forms.

Recent swing points

1h: higher low 0.44246 (1 Nov, 13:00 UTC), lower high 0.46656 (1 Nov, 14:00 UTC), higher high 0.48071 (2 Nov, 04:00 UTC), lower low 0.43480 (2 Nov, 12:00 UTC)
4h: lower low 0.21666 (24 Oct, 12:00 UTC), lower high 0.40843 (25 Oct, 04:00 UTC), higher low 0.24256 (28 Oct, 00:00 UTC), higher high 0.48400 (1 Nov, 00:00 UTC)
Daily: higher high 0.37808 (3 Oct), higher low 0.18879 (8 Oct), higher high 0.56898 (22 Oct), higher low 0.21666 (24 Oct)

How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.

Latest published read

1h Bullish bias 2 November 2026, 12:12 UTC

1h bullish read

Price sits below 0.44246 on the 1h, yet the daily trend remains bullish. The 1h shows a lower high at 0.48071 and lower low structure.

Chart: Binance MAGMAUSDT.P · From a Finora AI read posted to Finora’s Telegram showcase · Excerpt, AI-generated and educational

Earlier reads

15mBullish1 Nov, 12:57 UTC

Higher lows define trend

Higher lows mark the bullish structure on this chart. The most recent one sits at 0.4447; a confirmed close below it flips the structure bearish and invalidates the bullish bias.

Levels quoted in recent reads

The numbers are taken word for word from the published reads of the last three days; the context is a short summary of the words around each number. They describe the chart at the time of each read; they are not live prices or orders.

Level	Context in the read	Read
0.44246	Level mentioned	MAGMAUSDT.P 1h · 2 Nov, 12:12 UTC
0.48071	Lower high	MAGMAUSDT.P 1h · 2 Nov, 12:12 UTC
0.4447	Level mentioned	MAGMAUSDT.P 15m · 1 Nov, 12:57 UTC

Bias by timeframe

The stated bias of the latest read on each timeframe this page has collected since 1 November 2026, with its time.

15m Bullish 1 Nov, 12:57 UTC
1h Bullish 2 Nov, 12:12 UTC

Trend context

This page has collected 2 published reads of MAGMA since 1 November 2026, all with a bullish bias.
Most reads collected here use the Binance MAGMAUSDT.P chart.

About this page

MAGMA trades on Binance Futures as the USDT-margined MAGMAUSDT perpetual, listed on 31 December 2025. By 24-hour trading volume it was the 70th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.

This page counts 23 of Finora’s posts about MAGMA from the last 30 days: 2 AI chart reads in its Telegram showcase and 21 short market notes on X. The most recent ones are listed below.

There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every hour from closed candles, with the time of the last run printed above it.

How to use this page

Start with the timeframe you actually trade, then look one step up. When the 1h trend disagrees with the 4h or daily trend, as it does here, a move on the 1h chart is going against the bigger picture, and the flip level of the higher timeframe is the one that would change it. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.

Each published read follows the same checklist: the trend on that timeframe, how it lines up with the daily and weekly charts, where the liquidity sits, the key levels, and the close that would invalidate the idea. How Finora reads a chart explains each step. Treat every number here as a note from the time printed next to it, then check the live chart before you act.

Magma Finance (MAGMA) market structure today