🔴 $PLAY
/ USDT — SHORT SETUP TRIGGERED ⚠️📉
From the 22nd to the 25th, $PLAY went on a non-stop rally, nearly doubling in price 🚀. After that explosive move, price stayed elevated for two days — but now the strength is fading fast.
📉 The 4H chart is rolling over with consecutive lower closes, and the daily timeframe has already flipped bearish. Momentum is clearly shifting from buyers to sellers.
🔥 This is a classic blow-off → distribution → breakdown structure.
Bulls are losing control, and short pressure is building.
🐻 Bias: Strong Bearish
⚡ Action: Sell the rally / Short
🧠 Market Read:
• Parabolic move completed
• Failure to hold highs
• Trend turning down on higher timeframe
⚠️ Trade with discipline, manage risk, and don’t chase late pumps.
🔴 Momentum now favors the downside