【$COLLECT Signal】Long | Healthy Pullback After Volume Breakout
After completing a volume breakout on the 4-hour chart, $COLLECT is experiencing a healthy pullback above the previous resistance turned support area. Price action shows sustained buying pressure absorbing sell orders in the 0.041-0.042 range, with no signs of panic selling.
🎯 Direction: Long
🎯 Entry: 0.0415 - 0.0422
🛑 Stop Loss: 0.0405 ( Rigid stop loss, below the low of the previous breakout candle )
🚀 Target 1: 0.0445
🚀 Target 2: 0.0470
Logical core: The 4-hour candlestick shows two volume-driven rallies (volumes of 609 million and 386 million respectively), confirming main capital inflow. The current price consolidates above the middle of the second volume bullish candle (0.0406-0.042), which is a standard pullback after a breakout. The funding rate +0.015% indicates mild bullish sentiment without overheating. There is a significant sell wall above 0.0423; breaking through this will open upward space. The pullback low is higher than the previous high of 0.03875, maintaining structural integrity.
#Is the current market bottoming out or just waiting?
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【$COLLECT Signal】Long | Healthy Pullback After Volume Breakout
After completing a volume breakout on the 4-hour chart, $COLLECT is experiencing a healthy pullback above the previous resistance turned support area. Price action shows sustained buying pressure absorbing sell orders in the 0.041-0.042 range, with no signs of panic selling.
🎯 Direction: Long
🎯 Entry: 0.0415 - 0.0422
🛑 Stop Loss: 0.0405 ( Rigid stop loss, below the low of the previous breakout candle )
🚀 Target 1: 0.0445
🚀 Target 2: 0.0470
Logical core: The 4-hour candlestick shows two volume-driven rallies (volumes of 609 million and 386 million respectively), confirming main capital inflow. The current price consolidates above the middle of the second volume bullish candle (0.0406-0.042), which is a standard pullback after a breakout. The funding rate +0.015% indicates mild bullish sentiment without overheating. There is a significant sell wall above 0.0423; breaking through this will open upward space. The pullback low is higher than the previous high of 0.03875, maintaining structural integrity.
Trade here 👇 $COLLECT
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#Is the current market bottoming out or just waiting?