🔥 $PLAY – The strong momentum has begun to weaken… Potential short opportunity
📊 The PLAY currency witnessed a very strong upward surge today, with a clear bullish structure.
But now 👇
⚠️ Current situation:
The price is facing strong resistance around 0.064
The momentum has noticeably begun to weaken
The indicators are gradually turning negative
Clear slowdown over the last 3 hours after the strong rise
👀 What does this mean?
This often indicates:
Buyers Exhaustion
Beginning of Selling Pressure
Possibility of a correction or short-term drop
📉 Idea: The current area may be a short opportunity to catch the drop after the momentum ends.
🎯 Expected scenario:
Failure to break 0.064 = Continued decline
Any clear break of the nearby support may accelerate the drop
⚠️ Important alert: If momentum returns and the price successfully breaks the resistance firmly, the short idea is canceled.
🧠 Do not enter randomly — wait for a confirmation of the drop, because the market after strong momentum may create quick tricks.