Data from the whales confirms the existence of a "short squeeze" that continues after the currency $PLAY recorded a new all-time high at $0.1062 two hours ago. On the 15-minute chart, the price stabilizes at high levels, turning the psychological level of $0.1000 into strong support. A "bullish flag" pattern is currently forming, as the whales defend the area of $0.1020 with massive buy orders to trap retail sellers before moving towards the next liquidity area at $0.1150.

PLAYUSDT

Perp

0.10947

+5.14%

Trade details:

Direction: Buy (Long) 🟢

Entry: $0.1025 – $0.1040 (current accumulation area)

Take profit: $0.1145 (targeting the next liquidity pool)

Stop loss: $0.0980 (below the psychological level of $0.10)

Leverage: Medium (5x - 10x)

Risk warning: Excessive volatility. High funding rates indicate congestion in buy orders. If the $0.10 level fails to hold, expect a rapid drop of 20% to liquidate buyers.