$COLLECT BEARISH CONTINUATION SETUP – SHORT BIAS DOMINATES
$COLLECTUSDT on the 1D timeframe is showing clear bearish structure with a series of lower highs and lower lows after rejecting from the major swing high near 0.1168. Price remains below the 25 MA, and the 7 MA is acting as dynamic resistance, confirming short-term downside pressure.
The recent bounce failed to reclaim the mid-range resistance around 0.0616, forming another lower high. Volume profile shows distribution during upside attempts and increasing participation on red candles, suggesting sellers are still in control.
Market Structure:
Downtrend intact on daily timeframe
Lower high formed under moving average resistance
Rejection from horizontal supply zone
Weak bullish follow-through on relief rally
Bias: Bearish
SHORT ENTRY ZONE: 0.0460 – 0.0500 (on minor pullbacks toward resistance)
STOP LOSS: Above 0.0616 (daily resistance and structure invalidation)
TAKE PROFIT TARGETS: TP1: 0.0363 (recent swing low)
TP2: 0.0300 (psychological and liquidity zone)
TP3: 0.0258 (major support level)
If price closes strongly above 0.0616 on daily timeframe, bearish setup becomes invalid.
RISK MANAGEMENT: Risk only 1–2% of total capital per trade. Scale out at targets and trail stop after TP1. Avoid over-leveraging in high volatility conditions.