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【$PLAY Signal】Pullback confirmed, bulls strike again
$PLAY 1H level pullback to EMA20 (0.0851) quickly rebounds, 4H MACD shows a golden cross with the fast and slow lines still above zero, indicating a solid bullish trend. Market depth shows heavy buy orders in the 0.0908 to 0.0909 range, fully exposing the capital support intent.
🎯Direction: Long
⚡Entry/Order: 0.0908 - 0.0910
🛑Stop Loss: 0.0882
🚀Target 1: 0.0960
🚀Target 2: 0.0990
🛡️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 to the entry level, automatically exit to protect the principal.
The 4-hour open interest remains above $120 million, indicating funds have not exited. The 1-hour RSI has fallen from overbought to 64.8, providing a healthy retracement space. Coupled with a positive funding rate of 0.044%, market sentiment leans bullish but is not overheated, which favors trend continuation. The recent high is at 0.0939; breaking above it will fully open the space for further gains.
View real-time market 👇 $PLAY
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