Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
【$PLAY Signal】Long Position + Healthy Reset After Breakout with Volume Surge
$PLAY After a single-day surge of 38%, it is now cooling and consolidating at a high level. This is a typical healthy reset and profit-taking digestion, not a top formation. The order book shows strong absorption of buy orders, with no signs of panic selling.
🎯 Direction: Long
🎯 Entry: 0.0950 - 0.1000
🛑 Stop Loss: 0.0890 ( Rigid stop loss, invalidates the structure if broken )
🚀 Target 1: 0.1180
🚀 Target 2: 0.1350
After the volume surge breakout, the price consolidates above the previous high resistance zone, which now acts as support. This structure is characteristic of a strong market, indicating that major funds have not exited but are absorbing short-term profit-taking. Retracements on lower timeframes are quickly bought back, shifting market psychology from FOMO to calm holding. As long as key support levels are not broken, higher highs are just a matter of time. Small losses for big gains—here, the focus is on increasing the probability of trend continuation after the breakout.
Trade here 👇 $PLAY
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #金价突破5200美元 #内容挖矿焕新公测开启 #中东局势升级