๐ BINANCE FAMILY ALERT โ $PLAY /USDT ๐
๐ฉธ๐ฅ 0.10065 TOP DONE โ PLAY DUMPING TO 0.09002 ๐ฅ๐ฉธ
$PLAY pumped from 0.08322 to 0.09769 = +17.4% recovery. But that's a LOWER HIGH vs 0.10065 top. Now +5.38% 24h but printing red 1h candle at 0.09597. Rejected hard at 0.09769. Yellow arrow says 0.09002 retest next ๐
๐ฐ Current Price: 0.09597
๐ SHORT SETUP (Lower High Rejection):
๐ Entry Zone: 0.09590 โ 0.09610 on 1h close below 0.09590
๐ฏ TP1: 0.09385 ๐ Minor support / -2.2%
๐ฏ TP2: 0.09002 ๐ Yellow arrow target / -6.2%
๐ฏ TP3: 0.08618 ๐ Mid-range / -10.2%
๐ฏ TP4: 0.08322 ๐ 24h Low retest / -13.3%
๐ Stop Loss: 0.09810 โ ๏ธ Above 0.09800 24h high
โก Bearish Thesis:
0.10065 โ 0.08322 = -17.3% dump. Recovery to 0.09769 = lower high = downtrend intact
0.09769 rejection + red 1h printing = bulls trapped. Sellers defend every bounce
+5.38% 24h but structure = bearish. This is a dead cat before leg down
194.05M PLAY volume = exit liquidity. Whales used 0.096+ to dump on retail
Yellow arrow to 0.09002 = gap fill from May 17 pump. No support until 0.08618
๐ง Bear Strategy:
This is a 1h scalp/swing. Wait for 1h close below 0.09590 to confirm. Short 0.0959-0.0961 retest as resistance. Take 50% at 0.09385, 30% at 0.09002, 20% at 0.08618. If 1h reclaims 0.09820, bears lost โ cut fast.
๐ Lower high at 0.09769 = game over for bulls.
BINANCE FAMILY FADING PLAY TOP ๐ฉธ๐
#PLAYUSDT #UKTokenizedSecuritiesConsultation #PlaysOut #ShortSetup #Rejection