$PLAY MASSIVE WICK REJECTION AFTER SPIKE! SHORT TRADE SIGNAL
$PLAY surged sharply to $0.04547 but faced immediate rejection, closing well below its high with a long upper wick. This signals a likely bull trap and suggests that buyers were quickly overpowered. Price is now stabilizing at $0.0325, but downward pressure remains high.
TRADE SETUP:
Short Entry: $0.0325
Take Profit: $0.0295 / $0.0260
Stop Loss: $0.0365
Market outlook is bearish as liquidity thins out above the wick and profit-takers dominate.
#PLAY #BinanceSmartChain #AlphaAirdrop #ShortSignal #CryptoTrading $PLAY