🔴 $COLLECT — R3 resistance under test! Recommendation: sell on rejection or buy after a breakout 🎯
📊 Price is $0.05961, very close to R3 at $0.05962. The 5-minute timeframe at $0.06000 shows a pullback of -0.65%.
📉 Analysis: The current zone is an important resistance area, and weakness appearing there could lead to a short-term correction. Therefore, buying directly at resistance carries risk.
🎯 TP1: $0.05890
🎯 TP2: $0.05820
🎯 TP3: $0.05750
🛑 SL: $0.06030
🔴 Recommendation: sell cautiously if a rejection of R3 is confirmed.
🟢 However, a breakout of $0.06030 and holding above it would invalidate the sell scenario; at that point, you may consider buying after a retest.
⚠️ Targets and stop-loss are estimates and not a guarantee of profit.
#COLLECT #COLLECTUSDT #Binance
📊 Price is $0.05961, very close to R3 at $0.05962. The 5-minute timeframe at $0.06000 shows a pullback of -0.65%.
📉 Analysis: The current zone is an important resistance area, and weakness appearing there could lead to a short-term correction. Therefore, buying directly at resistance carries risk.
🎯 TP1: $0.05890
🎯 TP2: $0.05820
🎯 TP3: $0.05750
🛑 SL: $0.06030
🔴 Recommendation: sell cautiously if a rejection of R3 is confirmed.
🟢 However, a breakout of $0.06030 and holding above it would invalidate the sell scenario; at that point, you may consider buying after a retest.
⚠️ Targets and stop-loss are estimates and not a guarantee of profit.
#COLLECT #COLLECTUSDT #Binance