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【$PLAY Signal】Long + Volume Breakout Confirmation
$PLAY After a 50% surge on high volume, the price is consolidating strongly at a high level. The order book shows good absorption of buy orders, which is a typical confirmation signal of institutional entry, rather than just retail FOMO.
🎯 Direction: Long
🎯 Entry: 0.1050 - 0.1100
🛑 Stop Loss: 0.0980 ( Rigid stop loss, invalid if broken )
🚀 Target 1: 0.1300
🚀 Target 2: 0.1500
The massive increase in volume accompanied by a rise in open interest indicates the healthiest bullish driving pattern. The price did not experience a deep retracement after breaking out, showing that selling pressure has been effectively absorbed. Currently, a flag pattern is forming above the breakout level, which is a healthy reset. As long as the price stays above the 0.1000 psychological level, the market structure favors bulls, and the next upward move is highly probable. Small losses, big gains—earning the probability of trend continuation after breakout.
Trade here 👇 $PLAY
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$PLAY
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