$PLAY – Short Setup
Entry Zone: 0.058 – 0.061
Stop Loss: 0.066
Targets:
TP1: 0.054
TP2: 0.049
TP3: 0.044
Bounce pushed into resistance, starting to lose momentum here. The move higher managed to extend, but buyers are fading and structure is turning more choppy.
Instead of continuation higher, price is stalling into resistance. When momentum cools off like this, it often sets up for a pullback as sellers step back in.
Key points:
– Bounce extended but losing strength.
– Buyers fading, structure choppy.
– Resistance zone capping upside.
– Clear downside targets mapped.
Logic:
Bounce → resistance test → momentum fades → sellers return → downside continuation.
$PLAY short update — stay disciplined, stay professional, support the strategy. 👇👇👇 ✍️
