📉 $COLLECT Resistance Hit! | Potential Pullback Incoming? ⚠️

​Market Analysis:

$COLLECT has had a good run, but it is now facing a major resistance zone around 0.09150 - 0.09400. Looking at the 15m chart, the buying momentum is starting to fade, and we are seeing some "rejection candles" at the top. This could be a perfect spot for a Short position or to Take Profit.

​Why I’m looking for a SELL/SHORT:

​Double Top Formation: The price struggled to break above the 24h high of 0.09419, showing that sellers are stepping in.

​Profit Taking: After a +4.81% move, many early buyers will likely start closing their positions, which will push the price down.

​Overbought Signals: On shorter timeframes, the indicators suggest that the upward move is exhausted for now.

​My Trading Setup (Short):

​Entry: Current Price area (0.09150) 📉

​Target 1: 0.08800 (First Support) 🎯

​Target 2: 0.08400 (Major Support Level) 🔥

​Stop Loss: 0.09550 (Above the recent high) 🛡️

​Warning:

Don't get caught in a "fake-out". If you are in profit, it’s a great time to secure some gains. If you are looking to Short, keep your leverage moderate.

​👇 Open your SELL/SHORT position via the tag below to profit from the correction!