$COLLECT
Will the rise continue or will it return to test the buy zones?
The price is currently near $0.0238. After the strong breakout from the area around $0.020, it moved into consolidation above $0.0223.
This is positive for me because the price didn’t lose support after the rise.
🟢 Scenario 1 | Continuation of the uptrend
As long as the price holds $0.0223, I’m leaning toward the continuation of the upward move, and the first important stop is $0.0253.
🎯 Target 1: $0.0245
🎯 Target 2: $0.0253
🎯 Target 3: $0.0260
The zone $0.0253–$0.0260 is considered strong resistance, so reaching it doesn’t mean we’re chasing the price.
🔵 Scenario 2 | Correction and retest
If there’s rejection from the current area, the correction will be natural after the fast rise, and the best zones I’m watching are:
🟢 $0.0222–$0.0225 — first zone
🟢 $0.0204–$0.0210 — stronger buy zone
🟢 $0.0193–$0.0198 — in case of a deeper correction
From the buy zones, the targets will be gradual:
🎯 Target 1: $0.0223
🎯 Target 2: $0.0236
🎯 Target 3: $0.0253
⚠️ My personal view: The trend is still bullish, but after the strong push, the price is now close to resistance at $0.0253. So my preferred scenario is to stay above $0.0223, then try to reach $0.0253—or wait for a correction into the buy zones rather than chasing the move.
#technical_analysis #cryptocurrencies #Binance #تداول $COLLECT
Will the rise continue or will it return to test the buy zones?
The price is currently near $0.0238. After the strong breakout from the area around $0.020, it moved into consolidation above $0.0223.
This is positive for me because the price didn’t lose support after the rise.
🟢 Scenario 1 | Continuation of the uptrend
As long as the price holds $0.0223, I’m leaning toward the continuation of the upward move, and the first important stop is $0.0253.
🎯 Target 1: $0.0245
🎯 Target 2: $0.0253
🎯 Target 3: $0.0260
The zone $0.0253–$0.0260 is considered strong resistance, so reaching it doesn’t mean we’re chasing the price.
🔵 Scenario 2 | Correction and retest
If there’s rejection from the current area, the correction will be natural after the fast rise, and the best zones I’m watching are:
🟢 $0.0222–$0.0225 — first zone
🟢 $0.0204–$0.0210 — stronger buy zone
🟢 $0.0193–$0.0198 — in case of a deeper correction
From the buy zones, the targets will be gradual:
🎯 Target 1: $0.0223
🎯 Target 2: $0.0236
🎯 Target 3: $0.0253
⚠️ My personal view: The trend is still bullish, but after the strong push, the price is now close to resistance at $0.0253. So my preferred scenario is to stay above $0.0223, then try to reach $0.0253—or wait for a correction into the buy zones rather than chasing the move.
#technical_analysis #cryptocurrencies #Binance #تداول $COLLECT
