📉 $COLLECT Short Setup 📉
$COLLECT is testing a critical resistance zone and showing signs of rejection. A confirmed breakdown below support could trigger a strong bearish move as trapped buyers begin to exit positions. 🔥
🎯 Entry Zone: $0.0620 – $0.0625
📍 Confirmation: 2-3 candle rejection and break below the recent high structure
🛑 Stop Loss: $0.072
✅ TP1: $0.0585 (-5.6%) 🎯
✅ TP2: $0.0550 (-11.3%) 🚀
✅ TP3: $0.0350 (-43.5%) 🔥
📊 The setup offers an attractive downside opportunity with a well-defined invalidation level. If sellers gain momentum, price could accelerate toward the major support and liquidation zones.
⚠️ Trade Management:
• Secure partial profits at TP1
• Move SL to breakeven after TP1 is hit
• Take additional profits at TP2
• Let the remaining position run toward TP3 with a trailing stop
💪 Excellent risk-to-reward profile if the rejection confirms.
Trade $COLLECT here 👇
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