I am watching $PLAY for a short here because that sharp rejection from the local top tells me buyers are losing control.

Short

EP: 0.0436 to 0.0440

TP1: 0.0428

TP2: 0.0419

TP3: 0.0408

SL: 0.0451

I am seeing a strong run get sold aggressively right near the highs, and that usually leads to more cooling. If the bounce stays weak, I think $PLAY can slide lower from here before finding support. Right now I do not trust $PLAY long.

#play