Guys here is 1day timeframe so I strongly suggest to look on it...
$PLAY Current price: ~$0.03366
đą Bullish structure
Strong bounce from $0.025â0.026
Price recovered back above $0.030
Recent candles show increasing buying pressure.
The immediate test is $0.0345â0.0350.
đ„ Important levels
Level
Meaning
$0.0345â0.0350
Immediate resistance
$0.0360
Next resistance
$0.0380
Stronger resistance
$0.0400â0.0410
Major resistance
$0.0320
Immediate support
$0.0300
Important support
$0.0280
Deeper support
$0.025â0.026
Recent bottom
đą Long plan
I would not chase at $0.03366 because price is approaching $0.0345 resistance.
Safer setup:
Wait for a daily/4H close above $0.035
Then watch for a retest around $0.034â0.035
TP1: $0.036
TP2: $0.038
TP3: $0.040â0.041
Alternative: If it pulls back toward $0.0315â0.0325 and buyers defend that zone, a rebound setup becomes interesting.
â ïž Important
The chart still has a larger lower-high structure from ~$0.041 â ~$0.037 â ~$0.034. So I would consider this a recovery attempt, not a confirmed trend reversal yet.
My key trigger: đ„ $0.035
Above $0.035 â momentum can continue toward 0.036 â 0.038 â 0.040.
Rejection + loss of $0.032 â watch $0.030, and below that $0.028.
#tecnicalanalayist863 #write2earnđđč
$ESP $4
$PLAY Current price: ~$0.03366
đą Bullish structure
Strong bounce from $0.025â0.026
Price recovered back above $0.030
Recent candles show increasing buying pressure.
The immediate test is $0.0345â0.0350.
đ„ Important levels
Level
Meaning
$0.0345â0.0350
Immediate resistance
$0.0360
Next resistance
$0.0380
Stronger resistance
$0.0400â0.0410
Major resistance
$0.0320
Immediate support
$0.0300
Important support
$0.0280
Deeper support
$0.025â0.026
Recent bottom
đą Long plan
I would not chase at $0.03366 because price is approaching $0.0345 resistance.
Safer setup:
Wait for a daily/4H close above $0.035
Then watch for a retest around $0.034â0.035
TP1: $0.036
TP2: $0.038
TP3: $0.040â0.041
Alternative: If it pulls back toward $0.0315â0.0325 and buyers defend that zone, a rebound setup becomes interesting.
â ïž Important
The chart still has a larger lower-high structure from ~$0.041 â ~$0.037 â ~$0.034. So I would consider this a recovery attempt, not a confirmed trend reversal yet.
My key trigger: đ„ $0.035
Above $0.035 â momentum can continue toward 0.036 â 0.038 â 0.040.
Rejection + loss of $0.032 â watch $0.030, and below that $0.028.
#tecnicalanalayist863 #write2earnđđč
$ESP $4