$PLAY Bounce from Support Zone, Long with Discipline 🚀
Long PLAY Trading Plan (10x)
Entry: 0.06475 – 0.06543
SL: 0.06186
TP1: 0.06752
TP2: 0.06914
TP3: 0.07156
The 0.06475 – 0.06543 zone is showing signs of a bounce after a correction. The price has held firm above the crucial support zone, not breaking below 0.06186, and buying pressure is starting to reappear, signaling a recovery towards the resistance levels above.
The SL is placed below 0.06186, a relatively clean area. If this level is breached, the long scenario will be invalidated.
Step-by-step targets: 0.06752 → 0.06914 → 0.07156. Each take profit (TP) is quite far apart (~2-3% from entry), be patient and take profits gradually.
The distance from entry to stop loss (SL) is quite close (~4.3-5.5%). Suitable for a short-term long order. Enter small orders and set stop losses correctly.
Do you think this area is stable? Or is there still a risk of further decline? Comment to discuss! 🚀