🔥 $PLAY Definitely in a strong uptrend, momentum's looking good and pushing higher.
Those recent 4-hour candles had some serious volume spikes, like that 5.83E8 during the breakout – total bull fuel. It's cooled off a bit now but still above the usual levels, which is nice.
Net inflows are pumping hard across the board – think 653K over 24h and a whopping 15.5M in the last 7 days. Even the short stuff from 5m to 1h is all positive, so buyers are still in the game big time.
*My take $PLAY : Cautiously bullish here, I'd say go long on dips if you can. Don't chase it blindly though.
*Entry spots:
Wait for a dip back to around 0.04922-0.05050 (that's where Support and MA5 meet up). Or if it breaks above 0.05269 (Resistance), that could be a good momentum play to jump in.
*Stop-loss: 0.04750-0.04800 (ties in with support S2 and MA10) to play it safe.
*Targets $PLAY
Aiming for 0.0540-0.0550
You guys seeing the same thing? Holding PLAY, buying the dip, or waiting? #play #PLAYUSDT #PlaysOut