$PLAY Signal】Pullback to go long, MACD crosses bullish above the signal line, and capital support is clearly visible


$PLAY 1H-level high-position consolidation, with price repeatedly testing around 0.085. The 4H-level MACD bullish crossover structure is intact, and bullish momentum has not weakened. The current 1-hour candlestick is supported above the EMA20 at 0.0788, and order book data shows extremely thick bids below 0.0859, exposing the intention of capital support.

🎯Direction: Long

⚡Entry/Order: Place orders in batches in the 0.0764 - 0.0784 range

🛑Stop loss: 0.0665

🚀Target 1: 0.1260

🚀Target 2: 0.1498

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price falls back into the entry area, you will automatically exit to protect your principal.

The 4H Bollinger upper band at 0.0880 has been pierced, and the price has pulled back to retest the upper band to confirm it as support. Open interest remains stable at a high level of 119 million USD, indicating that funds have not left the market. The 1-hour RSI has fallen from the overbought zone to 66.6, providing a healthy retracement space. Buy-side depth is unusually concentrated in the 0.0858 - 0.0859 range, and sell pressure is absorbed quickly. Under this structure, the risk-reward ratio is more than 4x, making it worth using a relatively small position to bet on the continuation of the trend.

View real-time market 👇 $PLAY
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