$COLLECT Selling pressure eases, but the bearish structure remains intact. The rebound is a better entry opportunity.
Short 👇 on rallies in $COLLECT.
Entry: 0.0621 – 0.0645
Stop loss: 0.0647
Target 1: 0.0580
Target 2: 0.0565
Although the price touched a low, trading volume has drastically shrunk, and the MFI indicator has entered an oversold zone, indicating that the current downward momentum is nearly exhausted. The risk of chasing a short position directly is high. A smarter strategy is to wait for the price to rebound near the strong resistance level of 0.065, confirm the lack of buying interest, and then establish a short position to achieve a safer risk-reward ratio.
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$COLLECT Selling pressure eases, but the bearish structure remains intact. The rebound is a better entry opportunity.
Short 👇 on rallies in $COLLECT.
Entry: 0.0621 – 0.0645
Stop loss: 0.0647
Target 1: 0.0580
Target 2: 0.0565
Although the price touched a low, trading volume has drastically shrunk, and the MFI indicator has entered an oversold zone, indicating that the current downward momentum is nearly exhausted. The risk of chasing a short position directly is high. A smarter strategy is to wait for the price to rebound near the strong resistance level of 0.065, confirm the lack of buying interest, and then establish a short position to achieve a safer risk-reward ratio.
Short $COLLECT opportunities are here 👇