🟢$PLAY
PLAY Short Liquidation Alert: $7.3742K at $0.06272
⚡ Market Insight:
This sizable short liquidation suggests bearish positions were squeezed as price moved upward. The $0.0627 level may now act as a short-term support zone, with liquidity already cleared above this area, potentially favoring continued bullish momentum if it holds.
📈 Trade Idea (Bullish Setup):
Entry: $0.0625 – $0.0630 (on retest)
Stop Loss (SL): $0.0605
Take Profit (TP1): $0.0655
Take Profit (TP2): $0.0685
Take Profit (TP3): $0.0720
🔥 Pro Tip:
If price sustains above $0.0627 and forms higher lows, it indicates strength after the squeeze. Avoid chasing the breakout—wait for a clean retest with confirmation for better risk-reward.
⚠️ Post-squeeze moves can be volatile with quick pullbacks—manage position sizing and avoid overleveraging.