【$PLAY Signal】Pullback to buy, clear intention of capital support

$PLAY After a massive surge on the 1H timeframe, a pullback occurs. The 4H Bollinger Bands are fully expanded, and the price has broken above all moving averages. The 1-hour RSI has fallen back from the overbought zone to 73, with buying depth clearly accumulating around 0.0509, quickly digesting selling pressure.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 0.0402 - 0.0412 range

🛑Stop Loss: 0.0394

🚀Target 1: 0.0484

🚀Target 2: 0.0520

🛡️Trade Management:
- Execution Strategy: Halve the position after reaching the first target, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.0410, consider exiting early.

Funding rate is as high as 0.15%, but open interest remains stable, indicating that shorts are still paying high costs. The 4-hour MACD histogram continues to expand, and bullish momentum has not exhausted. The area from 0.0405 to 0.0412 is the first cluster of chips after the breakout, also serving as the dynamic support at the 1-hour EMA20, fully exposing the intention of capital support here. The current risk-reward ratio exceeds 1:4, making it worthwhile to take smaller risks to bet on the continuation of the trend.

View real-time market 👇 $PLAY
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#成长值抽奖赢金条 #震荡行情交易策略 #比特币震荡走弱