$PLAY /USDT is currently testing a major resistance/supply zone around $0.166 – $0.172 on the 4H chart.
Price already made a strong impulsive move, so chasing here is risky. A safer setup is waiting for either a breakout confirmation or a pullback entry.
Bullish Breakout Plan 🚀
If price closes strongly above $0.1728, momentum could continue higher.
Entry Zone:
$0.173 – $0.176 after breakout confirmation
Targets:
🎯 TP1: $0.185
🎯 TP2: $0.198
🎯 TP3: $0.215
Stop Loss:
$0.163
---
Pullback Entry Plan 📉
If rejection happens from the resistance zone, wait for retracement.
Re-entry Zones:
$0.145 – $0.150
Strong support: $0.128 – $0.132
Bounce Targets:
🎯 TP1: $0.165
🎯 TP2: $0.178
🎯 TP3: $0.190
---
Chart Structure Insight 👀
Current trend = strongly bullish short term
Resistance zone = heavy seller area from previous rejection
Volume looks strong, but price is slightly overheated after a near 35% move
Most likely scenario: short consolidation or pullback before next expansion
If BTC stays bullish, PLAY could attempt a breakout continuation soon.