$COLLECT — Early Reversal Setup After a Strong Selloff
Long $COLLECT
• Entry: 0.0485 – 0.0515
• Stop Loss: 0.0445
Targets:
• TP1: 0.0555
• TP2: 0.0600
• TP3: 0.0675
COLLECT is showing signs of recovery after a sharp 4H correction. The recent selloff appears to be cooling off, and buyers are now defending the 0.048–0.050 support zone with strong interest. On the 1D timeframe, price is attempting to stabilize after the decline, while the 1H structure is starting to print a short-term bounce pattern.
This pullback looks like a healthy reset, giving the market room to rebuild momentum for a potential continuation move. A clean breakout above 0.0538 would strengthen the bullish case and open the door toward the next resistance zones.
The bullish bias remains valid as long as 0.0445 holds. Manage risk properly and watch for a volume surge on the bounce!
Trade $COLLECT here 👇🏻
