🚀 $PLAY Update | Strong Trend, Healthy Pullback Incoming?
$PLAY is still in a clear uptrend, but I’m expecting a controlled corrective dip soon — nothing bearish, just healthy consolidation after an explosive move.
🔊 Volume tells the story:
During the breakout, volume exploded to 1.61B vs ~100M average. That’s not retail noise — that’s big money stepping in. Since then, volume has cooled, which is normal after expansion.
💰 Capital Flows:
• 24h net inflow: +$9.26M → accumulation still strong
• 4h inflow: +$3.52M → momentum slowing short term
➡️ This combo usually points to a near-term pullback before continuation
📈 Price Action:
• Broke out of the 0.025 – 0.035 range and ran hard
• Last candle printed a pin bar at resistance → profit-taking confirmed
• $0.046 – $0.048 is a major high-volume node, ideal support on a retest
🧠 My Plan – Staying Patient & Long:
I’m not chasing. Waiting for price to come to value.
🎯 Trade Plan ($PLAYUSDT Perp):
Entry Zone: 0.0440 – 0.0460
Stop Loss: 0.0410
Targets:
• TP1: 0.0518
• TP2: 0.0575
📌 Why this setup works:
Trend = bullish ✅
RSI = overbought ⚠️
Resistance rejection = confirmed
➡️ An 8–12% pullback into volume-weighted support offers far better R:R than FOMO entries.
What’s your move?
👉 Holding
👉 Waiting for the dip
👉 Already positioned
Drop your thoughts 👇 let’s break it down together 🚀
#PLAY #PLAYUSDT #CryptoTrading #Altcoins #CPIWatch