$PLAY has reached its All-Time High (ATH) of $0.09316. Whale data indicates extreme FOMO, but also significant "sell walls" appearing as early buyers begin to rotate capital. Technically, the price is overextended on the 5m and 15m timeframes with a bearish divergence forming on the RSI. We are looking for a "Blow-off Top" or a sharp rejection at this level to hunt the liquidity of over-leveraged longs. This is a high-risk reversal play.

PLAYUSDT

Perp

0.11564

+55.47%

The Trade

Action: Short (Reversal)

Entry Price: $0.0925 - $0.0935 (Near ATH resistance)

Take Profit (TP): $0.0820 (Quick correction target)

Stop Loss (SL): $0.0985 (Strict, above a clean ATH breakout)

Leverage: Low (3x - 5x) – Volatility is at its maximum.

Risk Warning: Shorting an ATH is like catching a falling knife upwards. Use a hard stop-loss to avoid being squeezed.