$COLLECT Facing Strong Rejection ... Short Setup in Play

After a clean bullish push, COLLECT has now hit a strong resistance near 0.0538 and immediately showed rejection. Price is forming lower highs on lower timeframes, which is an early sign that momentum is shifting from buyers to sellers. This kind of rejection after a pump usually leads to a healthy pullback.

Right now, price is losing strength and struggling to hold above the mid-zone. If it continues to stay below 0.0500, we can expect further downside movement as sellers gain control.

Trade Setup:

Entry: 0.0490 – 0.0500

Stop Loss: 0.0540

Targets: 0.0460 / 0.0430 / 0.0400

Weak structure + rejection = short opportunity

Stay disciplined and manage risk properly.

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COLLECTUSDT

Perp

0.05151

+21.80%