$COLLECT The market remains in a clear bearish structure, trading below a strong descending trendline. Price reacted precisely from the 0.073–0.080 supply zone, which aligns with the 60% Fibonacci retracement and dynamic trendline resistance.
Short position opened around 0.061–0.062 after confirmation of rejection from the supply zone.
Bearish scenario:
As long as price holds below the trendline and supply zone, continuation toward 0.045 is expected, with a potential extension to 0.030 🎯.
Invalidation:
A strong daily close above 0.080 would invalidate the bearish setup and shift momentum toward 0.094+. This setup is based on higher time frame structure, supply rejection, and confluence with Fibonacci resistance. Proper risk management applied.
Short Scenario for $COLLECT Analysis: . Price is currently undergoing a retracement after a significant rally. · The 78.6% Fibonacci level is acting as strong resistance. · A descending triangle pattern is forming, indicating selling pressure. . Breakdown of the short-term ascending trendline suggests weakness in the bullish momentum. Key Levels: . Entry: After a confirmed breakdown of the lower trendline of the descending triangle (around $0.07747) . Stop Loss: Above the recent high ($0.07805) . Take Profit: Reaching $0.05192 (approximately 35% profit) A Disclaimer: This is just a potential analysis. Remember to manage your risk and do your own research before taking any action. TechnicalAnalysis #COLLECT #Short #Crypto
$COLLECT /USDT Analysis (1H Timeframe) 🚀 Price has successfully tested the 78.6% Fibonacci level and is now showing a strong recovery. With a solid base formed at $0.054, the path to the upside looks clear. Entry Zone: $0.063 (Current Market Price) Target 1 (TP1): $0.072 Target 2 (TP2): $0.077 Main Target (TP3): $0.085 Stop Loss (SL): Close below $0.054 Outlook: Bullish momentum is building as price stays above the Moving Average. Watch for a breakout above $0.068 for the next leg up! #CryptoAnalysi s #TradingSetup #COLLECT #TechnicalAnalysis #Fibonacci
📊 $RIVER / USDT (1H) Analysis $RIVER RIVER is currently retracing after a strong rally. Here are the key levels to watch: Bullish Scenario: Support at $19.38 (23.6% Fib). Holding this level could trigger a retest of the $24.00 peak. Correction Zone: If $19.38 breaks, look for entries at the $17.17 - $16.18 "Golden Pocket" (50% - 61.8% Fib) for a potential bounce. Invalidation: A close below $14.78 (78.6% Fib) shifts the trend to bearish. Targets: $24.00 | $26.50 Stop Loss: Below $16.00 What’s your move? Are you buying the dip or waiting for more correction? #cryptouniverseofficial #Binance #RİVER