$PLAY Signal】 Pullback to buy / 1H level funds support


$PLAY The 1H level is consolidating around 0.0918. The order book shows extremely deep buy-side liquidity. Below 0.0917, buy orders totaling more than 320,000 USDT have piled up, fully exposing the intention of capital support. After the 4H MACD fast and slow lines formed a golden cross, they have started to diverge upward, and bullish momentum is still present.

🎯Direction: Long

⚡Entry/Place orders: Stage positions in the 0.0847 - 0.0869 range

🛑Stop Loss: 0.0766

🚀Target 1: 0.1279

🚀Target 2: 0.1484

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back into the entry area, you will automatically exit to protect the principal.

The 4-hour Bollinger Bands are opening upward, and the price is holding above the middle band. Open interest remains stable at a high of 124 million USD, indicating that funds have not left the market. The 1-hour RSI has fallen from the overbought zone to 61, providing a healthy pullback space. The current risk-reward ratio is above 4. With a pullback to buy at this level, the risk is controllable. The prior high at 0.0988 is the first resistance level that needs to be tested.

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