$COLLECT Short (Exhaustion Setup)
Trade Plan:
Entry: $0.0735 – $0.0750
Stop Loss (SL): $0.0785
TP1: $0.0700
TP2: $0.0675
TP3: $0.0645
Trade here $COLLECT
Analysis:
Parabolic move (+22%) in a short time → overextended
Multiple strong green candles with rising volume = late buyers trapped zone
Price far above MA levels → high chance of mean reversion
Rejection starting near $0.074–0.075 resistance
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Key Insight:
This is a classic blow-off top / short-term exhaustion
After such vertical moves → pullback is very likely
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Confirmation:
Rejection + weak candle below $0.0735 = short trigger
Break below $0.072 = acceleration dump
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Risk:
If price sustains above $0.078, squeeze continuation possible
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Conclusion:
High probability scalp short after pump
Don’t chase long here — risk/reward favors downside
Trade smart ⚡