$COLLECT — Bearish Reversal, Sellers Taking Control!
Short $COLLECT
• Entry: 0.063 – 0.066
• Stop Loss: 0.0698
Targets:
• TP1: 0.056
• TP2: 0.053
• TP3: 0.046
$COLLECT is showing signs of weakening after failing to hold its upward channel. The price broke below the ascending trendline and is currently retesting that level as resistance. This rejection confirms that buyers are losing control, and sellers are gaining momentum. Recent bounces lack follow-through, signaling a high-probability move toward lower liquidity zones.
The bearish bias remains valid as long as COLLECT stays below 0.066. Manage risk carefully and watch for accelerating selling pressure at retest levels.
Trade COLLECT here 👇
COLLECTUSDT
Perp
0.06613
+25.27%