$PLAY is showing a rejection/pullback short setup after sweeping liquidity above the recent $0.04143 high and sharply selling back below $0.03812. Sellers have shown a clear reaction from the highs, so the cleaner entry is a retest of the broken support rather than chasing the current red candle.
EP: $0.0378–$0.0384
TP1: $0.03625
TP2: $0.03440
TP3: $0.03295
SL: $0.03985
The $0.04143 sweep followed by the sharp rejection suggests buy-side liquidity was taken, while $0.03812 is now the key reclaim/rejection level. If price retests $0.0378–$0.0384 and sellers defend it, the setup targets the nearby $0.03625 and $0.03440 liquidity zones; a sustained move above $0.03985 invalidates the short idea. From roughly $0.0381 entry, the approximate R:R is 1:1.2 to TP1, 1:2.0 to TP2, and 1:2.9 to TP3.
$QNT
$XPL
EP: $0.0378–$0.0384
TP1: $0.03625
TP2: $0.03440
TP3: $0.03295
SL: $0.03985
The $0.04143 sweep followed by the sharp rejection suggests buy-side liquidity was taken, while $0.03812 is now the key reclaim/rejection level. If price retests $0.0378–$0.0384 and sellers defend it, the setup targets the nearby $0.03625 and $0.03440 liquidity zones; a sustained move above $0.03985 invalidates the short idea. From roughly $0.0381 entry, the approximate R:R is 1:1.2 to TP1, 1:2.0 to TP2, and 1:2.9 to TP3.
$QNT
$XPL
