🔥 $PLAY is finally showing some life after being stuck in oversold territory!
Just broke out with a solid 19% pump on huge volume (85M+ on the key candle), way above average. Real buying interest showing up.
*Capital flows look strong too:
- 1H +452k, 4H +455k inflows → fresh money coming in, institutions piling on
- Some profit-taking on longer frames (6H-24H), but overall net positive — good sign.
$PLAY Price action is clean: higher highs, higher lows, and we're now sitting right between R1 resistance (~0.0353) and R2 resistance (~0.0369). Momentum feels strong after bouncing from ~0.0328.
*My own take $PLAY : Bullish bias, time to go long but with smart sizing.
*Trade plan
- Immediate entry: Grab some now at 0.0400–0.0405 (30% position)
- Add on pullback: 70% position at 0.0375–0.0385 (near upper Bollinger) — better risk-reward
- Stop-loss: 0.0345 ( below key support)
- Targets:
TP1: 0.0425
TP2: 0.0450
TP3: 0.0480 (near R3)
Watch funding rates — if they spike too high, could mean overheating. Also, if we get rejected hard at R2 resistance (~0.0369), might see some weakness.
Anyone else jumping on $PLAY? Or waiting for a deeper pullback? Let me know your thoughts! #play #PLAYUSDT #PlaysOut