【$PLAY Signal】Short | 1H MACD green bars continue to expand, short when encountering resistance during rebound

$PLAY 1H MACD green bars have expanded for three consecutive candles, selling pressure actively suppresses price. The middle band of the 4H Bollinger Bands is at 0.0954, with 8% room to this level. Buy order depth is 1.46, but selling pressure is stronger, and the price has broken below EMA20/50.
🎯Direction: Short
⚡Entry/Order: Batch short in the 0.08702-0.10090 range
🛑Stop loss: 0.11378
🚀Target 1: 0.07515
🚀Target 2: 0.06227
🛡️Trade management:
- Execution strategy: Reduce position by 50% at Target 1, move stop loss down to the average entry price. If rebound to around 0.095, add to the position with a unified stop loss.
Depth logic: OI is stable, funding rate at 0.005% with no anomalies, but selling pressure continues to suppress. Current risk-reward ratio is 2:1, with psychological support before 0.075. Set stop loss above 0.11378 to prevent false breakouts.
View real-time market 👇 $PLAY
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate广场五月交易分享 #BTC重返8万 #美伊冲突再升级