【$PLAY Signal】Pullback confirmed, bulls gather strength for another attack

$PLAY 1H timeframe pullback confirmed, price consolidating around 0.0585. The 4-hour MACD fast and slow lines have crossed upward and continue to rise, with momentum bars slightly shrinking but the overall trend unchanged. The middle band of the 1-hour Bollinger Bands at 0.0551 provides strong support, with the price repeatedly testing above it, quickly digesting selling pressure. Market depth data shows heavy buy orders in the 0.0584 to 0.0583 range, fully exposing the capital support intention.

🎯Direction: Long

⚡Entry: Enter immediately at current price around 0.0585, or wait for a pullback to 0.0570-0.0575 area to add positions.

🛑Stop Loss: Below 0.0540

🚀Target 1: 0.0630

🚀Target 2: 0.0680

🛡️Trade Management:
- Execution Strategy: After the price reaches 0.0630, reduce 50% of the position to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0630 and stabilizes, consider raising the target for the remaining position to above 0.0700.

Position volume remains stable after sharp fluctuations, indicating a temporary balance between bulls and bears at this level, but no large-scale withdrawal has occurred. The 1-hour RSI has fallen back from high levels to around 63, providing a healthy retracement space. Coupled with significantly better buy depth than sell orders and funding rates remaining positive but not in dangerous territory, market sentiment leans toward bullish accumulation. Under this structure, once the price volume breaks through the recent high of 0.0600, upward momentum will be reactivated.

Check real-time market 👇 $PLAY
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