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【$PLAY Signal】Pullback to buy, main force clearly intends to defend the market
$PLAY 1H level high sideways trading, strong buying depth, very thick orders from 0.06034 to 0.06035 below, capital support intentions fully exposed. 4-hour MACD fast and slow lines form a golden cross and continue upward, bullish momentum remains. 1-hour RSI has fallen from high levels to 66, healthy correction, preparing for another upward push.
🎯Direction: Long
⚡Entry: Buy directly on pullback near 0.06035, or place orders in the 0.05393-0.05532 range for ambush.
🛑Stop Loss: Below 0.04860
🚀Target 1: 0.08221
🚀Target 2: 0.09565
🛡️Trading Management:
- Execution Strategy: Reduce 50% of position at Target 1, move remaining stop loss up to entry price. If price falls back to entry level, automatically exit.
Position remains stable, and the price rejects deep correction near the intraday high, which is a sign of strength. Market data shows buy orders far exceed sell orders, with an imbalance rate over 20%, indicating clear main force support. The 1-hour Bollinger Band middle line at 0.0577 provides dynamic support, combined with dense order zones below, limiting correction space. Current risk-reward ratio exceeds 4, with a significant odds advantage.
Check real-time market 👇 $PLAY
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