🚨 $PLAY Short Strategy: The Post-Unlock Flush Snipe
Entry Zone: $0.0885 – $0.1050 (Fading the relief bounce into MA-7)
TP1: $0.0550 (Structural Support / Volume Pocket)
TP2: $0.0320 (Prior Consolidation Mid-point)
TP3: $0.0165 (The "Heading to Zero" Cycle Floor)
Stop Loss: $0.1250 (Hard exit above the recent breakdown wick)
Trade Logic:
$PLAY is a textbook "Supply Shock" to the downside. The recent unlock has fundamentally changed the circulating supply, making the $0.20+ price unsustainable. We are currently seeing a breakdown below the MA(7) ($0.084) on the 3D chart, with the MACD showing a massive bearish crossover. I am sniping a short entry on any minor bounce. The narrative from "Crypto_Hu" is playing out perfectly: the decline has only just begun. We are riding the markdown phase toward the $0.01 liquidity pool.
#PLAY #PlaysOut #TalhaSniper #BinanceSquare #smartmoney
