$PLAY /USDT Update – Short Trade Setup
$PLAY has been pumping massively, showing +53% in recent sessions, but the momentum is starting to slow. The fundamentals suggest that short-term profit-taking is happening as the volume spikes near resistance, and buyers are struggling to push above 0.130. Supply is heavy in the 0.130–0.135 range, while demand below 0.115 is starting to weaken, signaling a potential short opportunity for traders watching a pullback.
📉 Short Entry Zone: 0.115 – 0.120
🎯 Downside Targets: 0.110 – 0.100
💡 Pro Tip: Look at the Volume + RSI combo – if volume rises while RSI is above 70, this indicates a strong potential drop as buyers lose steam.
Momentum is bearish in the very short term. Keep an eye on this one for a clean short move!
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