【$PLAY Signal】Short - Funding rate is high + Selling pressure above

$PLAY Funding rate 0.0417%, 1H sell order depth -3.27%, price touched the Bollinger upper band at 0.0327 and then pulled back. 4H MACD is positive but the momentum histogram is shrinking, with a cluster of orders around 0.03236 above, indicating accumulating selling pressure.
🎯Direction: short
⚡Entry/Order: 0.0322629 - 0.0323600
🛑Stop loss: 0.0326836
🚀Target 1: 0.0318746
🚀Target 2: 0.0316319
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.
From the 1H chart, RSI has not entered the overbought zone, but MACD bullish momentum is waning, with clear resistance above 0.03236. The sustainability of this rebound is questionable, so a short position is placed in the supply zone with a risk-reward ratio of 1.5.
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