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$PLAY | 1H | Reversal Long
Bias: Long
Entry Zone: 0.0648 to 0.0659
Stop Loss: 0.0617
Targets:
TP1: 0.0674
TP2: 0.0692
TP3: 0.0718
Invalidation:
Close below 0.0617
Why This Setup:
I’m seeing a basing structure after a sharp selloff, with price repeatedly holding the 0.064 to 0.066 area and showing bounce attempts off local liquidity.
If buyers reclaim the nearby range high, I expect a move back toward the first resistance band and then the prior swing highs.
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