$PLAY Key levels: are here guys just look on it..
🟢 Support: 0.0330–0.0340
🟢 Stronger support: 0.0320–0.0325
🔴 Resistance: 0.0360
🔴 Major resistance: 0.0380–0.0382
🟢 LONG scenario
Wait for price to hold 0.0330–0.0340 and form a bullish reversal.
Possible plan: Entry: 0.0332–0.0340
SL: 0.0320
TP1: 0.0360
TP2: 0.0380
TP3: 0.0400
🚀 Breakout scenario
If a 4H candle closes above 0.0382, then a new continuation setup becomes possible. Wait for a retest rather than entering during the breakout candle.
🔴 Bearish scenario
If 0.0320 breaks and a 4H candle closes below it, the bullish setup is weakened and further downside becomes possible.
Right now: 🟡 wait. The structure had a bullish breakout, but the rejection at 0.038 is still being worked out.
#tecnicalanalayist863 #Writ2Earn
$RIF $TUT
🟢 Support: 0.0330–0.0340
🟢 Stronger support: 0.0320–0.0325
🔴 Resistance: 0.0360
🔴 Major resistance: 0.0380–0.0382
🟢 LONG scenario
Wait for price to hold 0.0330–0.0340 and form a bullish reversal.
Possible plan: Entry: 0.0332–0.0340
SL: 0.0320
TP1: 0.0360
TP2: 0.0380
TP3: 0.0400
🚀 Breakout scenario
If a 4H candle closes above 0.0382, then a new continuation setup becomes possible. Wait for a retest rather than entering during the breakout candle.
🔴 Bearish scenario
If 0.0320 breaks and a 4H candle closes below it, the bullish setup is weakened and further downside becomes possible.
Right now: 🟡 wait. The structure had a bullish breakout, but the rejection at 0.038 is still being worked out.
#tecnicalanalayist863 #Writ2Earn
$RIF $TUT