🔥$COLLECT Bullish momentum with resistance overhead
• Kline patterns show repeated rejection of lower prices (long wicks near 0.0638) and breakouts above 0.085, indicating buyer dominance.
• The price is testing resistance level 0.0851 with 0.0874 as the next target.
• Strong bullish momentum in shorter timeframes (5M-1H) supports upward movement, but resistance near BOLL upper band and Resistance zone 0.0916 may cap gains.
Entry long $COLLECT : pullback to 0.0835-0.0840 (near MA20 and middle BOLL) or a breakout above 0.0875 resistance with volume confirmation.
Stop-Loss: 0.081 for a 0.084 entry
Target $COLLECT : 0.0916 (resistance zone), with partial profit-taking at lower resistance 0.0874
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COLLECTUSDT
Perp
0.08154
-8.41%