🔥$COLLECT Bearish Consolidation but I'd go Long on 1-hour timeframe
• K-line data reveals a volatile session with a sharp decline from 0.0834 to 0.0683, followed by a recovery to current levels.
• The recent pin bar formation near the support 0.0703 and subsequent bounce indicate potential reversal signals, though within a broader downtrend.
Capital Flow: positive inflows at 30m (39K) and 1H (30K) suggest some short-term buying interest.
Entry long $COLLECT : near support at 0.071-0.072, or break above 0.0776 with increasing volume).
Stop Loss: 0.0688, aligning with the recent low and Support.
Target Price: 0.0801 USDT (Resistance)
Support me just Click below to Trade 👇 Cheers.
Monitor key resistance at 0.0776 for breakout confirmation
#collect #collectusdt #CollectOnFanable