$PLAY 📉
Trade Plan:
• Entry: 0.05878 – 0.05960
• SL: 0.06150
• TP1: 0.05620
• TP2: 0.05340
• TP3: 0.04980
Why this setup?
Price is showing weakness after failing to break the 0.06450 resistance. It has crossed below the MA(7) and MA(25), signaling a potential trend reversal. Lower highs are forming, suggesting a drop toward the next major support.
Debate:
Is this a clean breakdown of the range, or will the MA(99) near 0.0470 provide a strong bounce?
PLAYUSDT
Perp
0.06431
+7.23%