$PLAY Based on the technicals . PLAYUSDT is in a heavy markdown phase (-18.62%). The Parabolic SAR is strongly bearish above the candles, and the MACD shows negative momentum widening. Entering long here is "catching a falling knife."
potential short setup or caution:
๐จ PLAYUSDT Short Setup
Entry: 0.07750 (Break of recent wick support)
SL: 0.08050 (Above Parabolic SAR/recent lower high)
TP: 0.07200 (Next major psychological level)
Alternative: Stay away! High volatility, wait for a clear bottom or reversal signal. DYOR
$XRP $DOT #BinanceSquareFamily #Sheemm