$PLAY Important Market Update
Guys pay attention — here is a quick view on $PLAY based on the current 1H chart structure.
PLAY has shown a strong impulsive breakout from the 0.040–0.045 zone followed by an aggressive rally toward 0.070+, confirming strong buyer momentum and accumulation.
Right now PLAY is trading around 0.0696, consolidating near highs after a sharp move. The structure shows bullish strength with higher lows forming, indicating buyers are still active.
This is a momentum-driven move, but price is slightly extended near resistance.
If PLAY breaks and holds above the 0.072–0.075 resistance zone, further upside continuation is expected. However, if price gets rejected here, a pullback toward support can occur.
Bottom Line:
Trend = Bullish
Support = 0.060
Resistance = 0.072 – 0.075
TP = $0.090
Best move for now is wait for confirmation.
Breakout above resistance = bullish continuation.
Rejection from resistance = pullback move.
Trade $PLAY here 👇
DYOR