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$COLLECT is seeking a breather in the oversold zone, but sellers still hold the overall control.
Go short on $COLLECT now
Entry: 0.05440 – 0.05500
Stop Loss: 0.05700
Target 1: 0.04950
Target 2: 0.04000
Target 3: 0.03150
After experiencing a sharp sell-off, the price touched recent support levels. Technical indicators show extreme oversold conditions, which often trigger short-term rebounds. However, the overall downtrend remains intact, with moving averages and dense resistance zones suppressing any upward attempts. Any rebound could be short covering or traps, providing an ideal risk-reward ratio for shorting again at higher prices.
The $COLLECT opportunity is here 👇