$PLAY USDT is currently trading around 0.05351 USDT after a strong bearish move, showing a sharp drop of over 35 percent in the last 24 hours. The chart reflects heavy selling pressure with a steep breakdown from the 0.07–0.08 resistance zone. Price recently formed a low near 0.05258, which is acting as a short term support area. If this level holds, a minor relief bounce toward 0.056–0.060 is possible. However, the overall trend remains bearish, and failure to hold support could push the price toward 0.050 or lower. Volume has increased during the dump, signaling panic selling or stop hunts. For bullish recovery, $PLAY USDT needs to reclaim the 0.060–0.066 zone and build higher lows. Until then, it remains a high risk asset suitable only for short term scalp or bounce trades. Risk management is critical as volatility remains elevated and momentum is still weak.

PLAYUSDT

Perp

0.0533

-31.27%