$PLAY is Heating Up! 🚀 +46% Move – Is the Rally Just Starting?
The gaming sector is catching a massive bid, and $PLAY (PlaysOut) is leading the charge today with a staggering 46% surge! 🎮🔥
Key Highlights:
✅ Bullish Breakout: The 4H chart shows a clear breakout from the previous accumulation zone (around 0.068), supported by massive trading volume.
✅ Healthy Retest: After touching 0.134, we are seeing a healthy consolidation. Holding the 0.110 level is crucial for the next leg up.
✅ Indicators: Price is well above all major Moving Averages (MA7, 25, 99), showing strong trend strength.
Trading Outlook:
Support: If it holds 0.110, we could see a retest of the 0.134 resistance soon.
Caution: With such a fast move, keep an eye on the RSI for overbought signals. A dip toward the 0.090 - 0.100 area could offer a secondary entry for those who missed the initial pump.
Are you holding $PLAY or waiting for a deeper pullback? Let’s discuss below! 👇