$COLLECT Massive Breakout Imminent? 🚀
The market for $COLLECT is heating up. Following the announcement that Binance Futures is launching USD-Margined contracts with up to 20x leverage, we are seeing a significant surge in momentum. The 1h chart shows price aggressively pushing against the 0.07962 Supertrend resistance. With the RSI at a strong 66.6 and volume spiking to over 121M, the bulls are clearly in the driver's seat.
Execution Zone (Long): 0.07800 – 0.08000
Target I: 0.08250 (Previous High)
Target II: 0.08500
Target III: 0.09000+ (Psychological)
Invalidation: 0.07480 🛑
The structure is turning extremely bullish. A clean 1h candle close above the 0.080 level likely triggers a parabolic extension as short-sellers get squeezed. Watch for the 0.08266 resistance to flip into support.
