$PLAY On the 4-hour timeframe, one W-bottom has formed. The pullback to the right shoulder just returned to the neckline area, landing precisely in the 0.0388–0.0392 zone. Also, the MACD is about to form a golden cross, and the momentum histogram is narrowing. The previous rally has already digested most of the trapped positioning, so on the downside there isn’t much room for further drop—0.0378 is the prior low support; only if it breaks could the trend potentially reverse, but I don’t think it will.
This long setup logic is very clear: the structure is intact, volume is supporting, and you can position yourself ahead of the acceleration phase. The first target to watch is 0.0405, and afterward around 0.043 is highly likely to be reached. $PLAY
🟢 Trade direction: Long
📍 Entry range: 0.0388 – 0.0392
🛑 Stop loss: 0.0378
🎯 Take profit 1: 0.0405
🎯 Take profit 2: 0.0418
🎯 Take profit 3: 0.0430
#PLAY
Click below to trade 👇👇👇
This long setup logic is very clear: the structure is intact, volume is supporting, and you can position yourself ahead of the acceleration phase. The first target to watch is 0.0405, and afterward around 0.043 is highly likely to be reached. $PLAY
🟢 Trade direction: Long
📍 Entry range: 0.0388 – 0.0392
🛑 Stop loss: 0.0378
🎯 Take profit 1: 0.0405
🎯 Take profit 2: 0.0418
🎯 Take profit 3: 0.0430
#PLAY
Click below to trade 👇👇👇