$PLAY looking absolutely brutal on the daily chart 📉
Down over 40% in the last 30 days and almost 90% from 6 months ago. That is a massive bleed.
BUT... looking at the current PA, it’s finally starting to look oversold.
.We are seeing a little bounce right now (+5% on the day) and volume is starting to tick up at this bottom zone.
If we can hold this 0.0155 level, I'm looking for a short-term relief bounce.
🟢 Long $PLAY
🎯 Entry: 0.0155 - 0.0158 (Current)
🎯 Targets:
TP1: 0.0175
TP2: 0.0190
TP3: 0.0210
🛑 SL: 0.0145 (Need to keep it tight, this is a falling knife)
$PLAY
Down over 40% in the last 30 days and almost 90% from 6 months ago. That is a massive bleed.
BUT... looking at the current PA, it’s finally starting to look oversold.
.We are seeing a little bounce right now (+5% on the day) and volume is starting to tick up at this bottom zone.
If we can hold this 0.0155 level, I'm looking for a short-term relief bounce.
🟢 Long $PLAY
🎯 Entry: 0.0155 - 0.0158 (Current)
🎯 Targets:
TP1: 0.0175
TP2: 0.0190
TP3: 0.0210
🛑 SL: 0.0145 (Need to keep it tight, this is a falling knife)
$PLAY