$PLAY Rejection Bearish, Sales Opportunity
Business Setup (Sale)
Entry Range: 0.04350 – 0.04450
Target 1: 0.04150
Target 2: 0.03980
Target 3: 0.03750
Stop Loss: 0.04680
The PLAY showed a strong rejection from the 0.050 zone, followed by a pronounced bearish candle, indicating that selling pressure is increasing. The recent decline suggests that the bulls are losing momentum after the rally.
If the price continues to stay below resistance, a new drop is likely. This looks like a healthy correction after a strong increase, and short positions can be considered with proper risk management.
Maintain discipline and trade wisely.
Click below and trade $PLAY
PLAYUSDT
Perp
0.05247
+0.30%