$PLAY is experiencing a local downward shift, breaking below the MA60 line ($0.04128) with momentum leaning bearish (DIF < DEA and MACD histogram in red). Despite a +12.33% 24h gain, price is struggling to maintain upward structure, creating lower highs. Failure to reclaim $0.04130 leaves long positions susceptible to stop hunts down toward discount liquidity.
🎯 Trade Setup
Direction:
SHORT
Entry Zone
$0.04100 – $0.04130
Take Profit 1
$0.04010
Take Profit 2
$0.03880
Take Profit 3
$0.03650
Stop Loss
$0.04220
Risk : Reward
1:2.2
Trade Type
Scalp
#play