【$COLLECT Signal】Long | Healthy Pullback After Short Squeeze Initiation

After a single-day surge of 18%, the price consolidates within a narrow range below the previous high resistance zone. This is a healthy reset after a short squeeze, not a top.

🎯Direction: Long

🎯Entry: 0.0745 - 0.0755

🛑Stop Loss: 0.0720 $COLLECT Breaks below 4H previous low/EMA20 support, rigid stop loss(

🚀Target 1: 0.0800

🚀Target 2: 0.0850

Market Analysis: After a strong breakout above EMA20, open interest remains stable, and funding rates are only 0.0427%, far from dangerous levels, ruling out major players pushing the price up to dump. RSI)70.9( is high, but combined with negative funding rates, it indicates a shorting condition; currently positive, representing a healthy overbought situation.

Core Logic: Key factors are the 1.76% depth imbalance and the thickness of buy orders. Sell orders are stacked above 0.0761 (significant ask volume), but buy orders (bids) below are also dense, creating a standoff. The price consolidates with decreasing volume in the 0.075-0.076 range, showing selling pressure is effectively absorbed.

Market Sentiment: No panic selling after the surge; buy orders continue to support above EMA20)0.0630(. ATR)0.0062( indicates manageable volatility. Pullbacks to 0.074-0.075 (above the previous breakout zone + order block) are ideal entry points for longs, with a risk-reward ratio >2.

Trade here 👇 )
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