A $1.45K LONG liquidation just hit $COLLECT at $0.07916, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.
With leverage removed, $COLLECT is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $COLLECT could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 0.0775 – 0.0805
TP1: 0.0855
TP2: 0.0935
TP3: 0.1080
SL: 0.0745
Post-liquidation moves can be sharp — let price action confirm direction.
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