🚀 Trading Signal: $PLAY /USDT (Perp)
Analysis:
The price has shown a strong bullish recovery (+11.96% in 24h) and is currently trading around 0.01853. It is holding above the local support level but needs to break the recent high of 0.02009 to confirm a major trend reversal.
📉 Trade Setup:
Entry Price: $0.01820 - $0.01860 (Current Market Price zone)
Take Profit 1 (TP1): $0.01940 (Short-term resistance)
Take Profit 2 (TP2): $0.02010 (Recent high breakout)
Take Profit 3 (TP3): $0.02150 (Major structural resistance)
Stop Loss (SL): $0.01740 (Below the recent consolidation support)
⚙️ Trade Details:
Direction: Long 🟢
Leverage: 3x - 5x (Isolated recommended for safety)
Risk Note: $PLAY is a high-volatility token (down ~74% in 30 days). Ensure you use proper risk management and don't over-leverage.
💡 Pro Tip: If the price fails to hold 0.01760, the bullish momentum may weaken. Watch the volume closely at the 0.02000 psychological level.
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