【$COLLECT Signal】Bullish | Healthy Pullback After Breakout with Volume
After a volume breakout on the 4H timeframe, the price is consolidating within a narrow range below the previous high resistance zone. The price action indicates a healthy cooldown reset rather than a top sell-off. Order book depth shows sparse sell orders, and the funding rate remains mildly positive, suggesting market sentiment is not overheated.
🎯 Direction: Long
🎯 Entry: 0.0510 - 0.0515
🛑 Stop Loss: 0.0495 $COLLECT Rigid stop loss, below the previous 4H candle low and dense buy zone (
🚀 Target 1: 0.0560
🚀 Target 2: 0.0600
Solid logic: After breaking through the key supply zone at 0.047-0.048, the price consolidates at a high level within the 0.051-0.054 range. Following a series of long upper shadows on 4H candles testing the top, selling pressure was quickly absorbed, with no consecutive downward candles, indicating profit-taking driven by buyers. Open interest rises in tandem with the price increase, confirming the involvement of major funds rather than short sellers. The current pullback overlaps with the breakout level and the dense buy orders on the order book (around 0.0518), forming a strong support. The market structure has shifted to bullish; as long as the pullback does not break the previous high, it presents a buying opportunity.
Trade here 👇 ) ---
Follow me: Get more real-time analysis and insights on the crypto market!
$COLLECT #Is the current market bottoming out or just observing?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$COLLECT Signal】Bullish | Healthy Pullback After Breakout with Volume
After a volume breakout on the 4H timeframe, the price is consolidating within a narrow range below the previous high resistance zone. The price action indicates a healthy cooldown reset rather than a top sell-off. Order book depth shows sparse sell orders, and the funding rate remains mildly positive, suggesting market sentiment is not overheated.
🎯 Direction: Long
🎯 Entry: 0.0510 - 0.0515
🛑 Stop Loss: 0.0495 $COLLECT Rigid stop loss, below the previous 4H candle low and dense buy zone (
🚀 Target 1: 0.0560
🚀 Target 2: 0.0600
Solid logic: After breaking through the key supply zone at 0.047-0.048, the price consolidates at a high level within the 0.051-0.054 range. Following a series of long upper shadows on 4H candles testing the top, selling pressure was quickly absorbed, with no consecutive downward candles, indicating profit-taking driven by buyers. Open interest rises in tandem with the price increase, confirming the involvement of major funds rather than short sellers. The current pullback overlaps with the breakout level and the dense buy orders on the order book (around 0.0518), forming a strong support. The market structure has shifted to bullish; as long as the pullback does not break the previous high, it presents a buying opportunity.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!
$COLLECT
#Is the current market bottoming out or just observing?