$PLAY is experiencing a strong bullish surge,up +26.50%, and is trading well above its key moving averages (MA7, MA25, MA99), indicating strong upward momentum and buyer dominance.
Entry Point:
· Buy on Pullback: $0.0580 - $0.0595
(Await a retest of the breakout area near the MA(7) for a higher probability entry.)
Take Profit Levels:
· TP1: $0.0650
· TP2: $0.0700
· TP3: $0.0750
Stop Loss:
· SL: $0.0535
(Placed below the MA(25) and recent support to protect against a trend reversal.)
Rationale: The token is in a powerful uptrend, but entering after a significant green candle carries risk. The suggested entry zone targets a pullback to dynamic support (MA7 ~ $0.0512) or the recent consolidation level for better risk/reward. TP levels are set at psychologically significant round numbers and extensions of the current move. The SL is placed to invalidate the short-term bullish structure.