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Post
Crypto Axis
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Bearish$PLAY pushed aggressively but is now stalling right into resistance, with signs of exhaustion after the impulse move.
Short $PLAY
{future}(PLAYUSDT)
Entry: 0.188 – 0.195
SL: 0.213
TP1: 0.165
TP2: 0.145
TP3: 0.130
The move up was sharp but not sustainable — price is now reacting weakly near highs and failing to continue. Buyers chased the breakout, but follow-through is missing. This typically leads to a pullback as early longs start taking profit and late buyers get trapped.
Short $PLAY
{future}(PLAYUSDT)
Entry: 0.188 – 0.195
SL: 0.213
TP1: 0.165
TP2: 0.145
TP3: 0.130
The move up was sharp but not sustainable — price is now reacting weakly near highs and failing to continue. Buyers chased the breakout, but follow-through is missing. This typically leads to a pullback as early longs start taking profit and late buyers get trapped.
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