$COLLECT – Rally stalling into resistance, short setup looks favorable

Trading Plan: Short $COLLECT (max 10x)

Entry: 0.088 – 0.092

SL: 0.098

TP1: 0.082

TP2: 0.076

TP3: 0.070

The recent bounce pushed price higher, but momentum is now clearly fading as it approaches resistance. Buyers attempted to sustain the move, yet the lack of strong follow-through suggests weakening demand. Price action is becoming increasingly choppy, indicating indecision rather than strength.

Instead of a clean continuation, the market is starting to stall in this zone. When momentum slows like this near resistance, it often signals exhaustion, opening the door for sellers to step back in and drive a pullback.

COLLECTUSDT

Perp

0.05299

+2.79%

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