$COLLECT is struggling to maintain its upward channel. The trend is starting to shift.
$COLLECT SHORT (5X)
Entry: 0.063 – 0.066
SL: 0.0698
TP1: 0.056
TP2: 0.053
TP3: 0.046
Broken below the ascending channel and is currently retesting the breakdown level as resistance. This rejection shows that the previous buying momentum has faded, and the structure is flipping bearish. With the lack of follow-through on recent bounces and sellers taking control at these local highs, we expect a deeper correction toward the lower liquidity zones.
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COLLECTUSDT
Perp
0.06167
-0.58%