$PLAY Strategy: The Bearish Pivot
Retail is stuck in the "daily bullish" trap, but the 4H trend has officially flipped. We don't trade hope; we trade the shift in momentum. $PLAY is showing clear weakness below the 1H pivot, and we are sniping the breakdown to the next major structural support.
Entry Zone: $0.1095 – $0.1110 (Optimal Short Zone)
TP1: $0.1068 (Immediate Support)
TP2: $0.1043 (Mid-Range Target)
TP3: $0.1017 (Structural Liquidity)
Stop Loss: $0.1159 (Above recent swing high)
Trade Logic:
The 4H trend has confirmed a Market Structure Shift (MSS) to the downside with 80% confidence. Even though 15m RSI is oversold at 33.58, the lack of buying pressure indicates this is an "expansion" move, not a "bounce" move. We are fading the daily uptrend test and targeting a full retrace to the $0.10 psychological floor.
#PLAY #CryptoTrading #TalhaSniper
