๐ด $COLLECT โ R3 resistance under test! Recommendation: sell on rejection or buy after a breakout ๐ฏ
๐ Price is $0.05961, very close to R3 at $0.05962. The 5-minute timeframe at $0.06000 shows a pullback of -0.65%.
๐ 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.
๐ฏ TP1: $0.05890
๐ฏ TP2: $0.05820
๐ฏ TP3: $0.05750
๐ SL: $0.06030
๐ด Recommendation: sell cautiously if a rejection of R3 is confirmed.
๐ข 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.
โ ๏ธ Targets and stop-loss are estimates and not a guarantee of profit.
#COLLECT #COLLECTUSDT #Binance
๐ Price is $0.05961, very close to R3 at $0.05962. The 5-minute timeframe at $0.06000 shows a pullback of -0.65%.
๐ 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.
๐ฏ TP1: $0.05890
๐ฏ TP2: $0.05820
๐ฏ TP3: $0.05750
๐ SL: $0.06030
๐ด Recommendation: sell cautiously if a rejection of R3 is confirmed.
๐ข 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.
โ ๏ธ Targets and stop-loss are estimates and not a guarantee of profit.
#COLLECT #COLLECTUSDT #Binance