$PLAY Signal】Pullback to go long, 1H level funds clearly supporting


$PLAY After a surge at the 1H level, the price pulls back, encountering selling pressure near 0.1075, but the upper band of the 4H Bollinger Bands has been effectively broken through, opening upward. The 1H RSI has fallen back from a high of 75.71, and the MACD fast and slow lines are still expanding above the zero line, indicating bullish momentum remains. Market depth data shows buy orders dominate, and the funding rate of 0.0486% is positive but not extreme, making short squeeze risk manageable.

If the price can find support around 0.1069, it would be a good confirmation of a pullback.

⚡Entry: Enter long directly around the current price of 0.1069.

🛑Stop loss: Below 0.0781.

🚀Target 1: 0.1074.

🚀Target 2: 0.1079.

🛡️Trade management: - Execution strategy: After the price reaches 0.1074, reduce half of the position, and move the remaining stop loss to the entry cost. If the price cannot hold above the entry zone, exit immediately.

The 4H EMA20 and EMA50 have formed a golden cross and continue upward, forming dynamic support below. The 1H volume significantly increases during the rally and decreases during pullbacks, indicating healthy chip exchange. The current risk-reward ratio is appropriate; the key is whether the position can quickly move away from the cost area after entry to avoid being consumed in oscillations.

Check real-time market 👇 $PLAY
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