$PLAY is not trading like a clean migration winner anymore.
The BSC → Base migration and supply reduction should have created a stronger repricing narrative, but the chart is rejecting it hard. Price is below MA7 and MA30 on the 4H, RSI sits weak around 39–40, and MACD remains negative.
Bias: Short
Entry: 0.1090–0.1110
SL: 0.1165
TP1: 0.1040
TP2: 0.0980
TP3: 0.0870
The trap is simple: late buyers believed the Base migration was still fresh alpha. Now they are paying for the unwind.