【PLAY Signal】High-level momentum diminishing, waiting for a pullback to go long

$PLAY 1H MACD histogram contracting, buying momentum at high levels weakening. The 4H Bollinger upper band at 0.1111 shows clear resistance, after the intraday high of 0.1215, selling pressure emerges. The round number around 0.104 sees a tug-of-war between bulls and bears, risk-reward ratio is not very ideal.
🎯Direction: Watch (place orders to go long)
⚡Entry/Order: Place orders in the 0.09539 - 0.10361 range
🛑Stop loss: 0.09463
🚀Target 1: 0.10410
🚀Target 2: 0.10451
🛡️Trade management: - Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
Depth logic: OI stable, fee rate at 0.0077% relatively low, bullish structure not broken but chasing high is risky. 4H MACD still expanding positively, a retest of the 1H middle Bollinger band at 0.0935 can be considered as a secondary entry reference.
View real-time market 👇 $PLAY
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场五月交易分享 #美国4月PPI同比暴涨6% $BTC $ETH $SOL