$PLAY
🚀 $PLAY Is Exploding, Should you go for long or for short.
→ If you’ve been watching the charts today, $PLAY is the star of the show. It’s up nearly 40% in just one day. But before you jump in with all your money, let’s look at what’s happening in simple terms.
→ 📈 What’s Going On: Big Moves: The price shot up to 0.050. A lot of people are buying, and there’s a ton of money moving through this coin right now.
→ Getting "Too Hot": There is a tool we use called the RSI (it measures if a coin is being over-bought). Right now, it’s at 86. Usually, when it goes above 70, the "engine" is overheating and the price might need to cool down (drop a bit) before it can go higher again.
→🚦 My Simple Game Plan: Go for Short:
1. Entry: 0.0475-0.050
2. S.loss: 0.053-0.055
2. T.profit: 0.044, 0.040, 0.035
→ Watch the Floor: If it drops below 0.035, the big "pump" might be over for now.
→💡 The Bottom Line: The trend is Bullish (going up), which is great! But the best traders are patient. Don't let "FOMO" (Fear Of Missing Out) make your decisions for you.
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