$PLAY Based on the current chart data, here is the technical analysis with specific pullback points highlighted.

Current Trend & Momentum

PLAY/USDT is in a strong uptrend, trading at $0.06132, up over 50% on the day. The price is well above all key Exponential Moving Averages (EMA 50, 99, 200), confirming a bullish market structure. However, the RSI on multiple timeframes (6, 12, 24) is deeply in overbought territory above 73, signaling the rally is overextended and a corrective pullback is increasingly likely.

Key Levels & Pullback Points

The immediate resistance is the 24-hour high at $0.06988. Given the overbought conditions, a rejection here is probable. The primary pullback targets for potential long entries or support are:

1. First Support (Shallow Pullback): $0.058 - $0.055

· This zone represents the nearest significant support and a healthy first level for the price to cool off.

2. Second Support (Deeper Correction): $0.045 - $0.0449

· This is the confluence area of the 24-hour low and the rising EMA(50). A retest here would be a classic "bull market pullback" to the dynamic trend support.

3. Major Support (Trend Test): ~$0.0420

· This is the level of the EMA(200). A drop to this point would indicate a much deeper correction but would be the ultimate test of the bullish trend's strength.

Conclusion & Outlook

While the trend is decisively up, the overbought momentum and fading volume suggest a pullback is imminent. Traders should watch for a reversal from the $0.06988 resistance. The most probable path is a decline toward the $0.058 - $0.055 zone. Aggressive bulls may look for entries there, while a break below $0.0449 would invalidate the immediate bullish structure and target $0.0420.