PLAYâ BIG SHORT OPPORTUNITY đ©ž
$PLAY has made a strong +32% move and is now trading near the $0.0412 resistance/high. After such a sharp vertical pump, Iâm watching for a rejection and possible pullback.
SHORT ENTRY: $0.0405â$0.0420
TP1: $0.0380
TP2: $0.0350
TP3: $0.0320
SL: $0.0435
If price gets rejected around $0.041â$0.042 and loses $0.040, the short setup gets confirmation.
Donât chase the pump â wait for confirmation and manage risk.
Sell and Tradeđđ»
$PLAY has made a strong +32% move and is now trading near the $0.0412 resistance/high. After such a sharp vertical pump, Iâm watching for a rejection and possible pullback.
SHORT ENTRY: $0.0405â$0.0420
TP1: $0.0380
TP2: $0.0350
TP3: $0.0320
SL: $0.0435
If price gets rejected around $0.041â$0.042 and loses $0.040, the short setup gets confirmation.
Donât chase the pump â wait for confirmation and manage risk.
Sell and Tradeđđ»
