$COLLECT saw a clear long liquidation around $0.05752, signaling a downside liquidity sweep that removed overleveraged long exposure and briefly accelerated selling pressure. This move has pushed price into a critical demand zone around $0.055–$0.056 where buyers previously showed strong interest. If COLLECT stabilizes above this support area, a rebound toward immediate resistance near $0.060–$0.062 becomes likely, with the next upside target around $0.066 where prior supply was stacked. Long liquidation events often reset momentum and allow cleaner price discovery once weak hands are flushed. A breakdown below $0.055 would weaken the structure and open room toward $0.051 before stronger demand reappears. Overall setup suggests cautious bounce potential if support holds. $COLLECT ‌#BuyTheDipOrWaitNow? #GateJanTransparencyReport #BitcoinDropsBelow$65K #CMEGroupPlansCMEToken