$PLAY Key levels: are here guys just look on it..
๐ข Support: 0.0330โ0.0340
๐ข Stronger support: 0.0320โ0.0325
๐ด Resistance: 0.0360
๐ด Major resistance: 0.0380โ0.0382
๐ข LONG scenario
Wait for price to hold 0.0330โ0.0340 and form a bullish reversal.
Possible plan: Entry: 0.0332โ0.0340
SL: 0.0320
TP1: 0.0360
TP2: 0.0380
TP3: 0.0400
๐ Breakout scenario
If a 4H candle closes above 0.0382, then a new continuation setup becomes possible. Wait for a retest rather than entering during the breakout candle.
๐ด Bearish scenario
If 0.0320 breaks and a 4H candle closes below it, the bullish setup is weakened and further downside becomes possible.
Right now: ๐ก wait. The structure had a bullish breakout, but the rejection at 0.038 is still being worked out.
#tecnicalanalayist863 #Writ2Earn
$RIF $TUT
๐ข Support: 0.0330โ0.0340
๐ข Stronger support: 0.0320โ0.0325
๐ด Resistance: 0.0360
๐ด Major resistance: 0.0380โ0.0382
๐ข LONG scenario
Wait for price to hold 0.0330โ0.0340 and form a bullish reversal.
Possible plan: Entry: 0.0332โ0.0340
SL: 0.0320
TP1: 0.0360
TP2: 0.0380
TP3: 0.0400
๐ Breakout scenario
If a 4H candle closes above 0.0382, then a new continuation setup becomes possible. Wait for a retest rather than entering during the breakout candle.
๐ด Bearish scenario
If 0.0320 breaks and a 4H candle closes below it, the bullish setup is weakened and further downside becomes possible.
Right now: ๐ก wait. The structure had a bullish breakout, but the rejection at 0.038 is still being worked out.
#tecnicalanalayist863 #Writ2Earn
$RIF $TUT