【$COLLECT Signal】Long (Pullback Entry) - Awaiting Pullback Confirmation After 1H Strong Breakout

$COLLECT Just experienced a violent rally at the 1H level, with price making a new recent high, but RSI has already entered the overbought zone, making directly chasing the move extremely risky. At the 4H level, price has firmly positioned above all moving averages with the trend now bullish, but a healthy pullback is needed to confirm support and accumulate momentum. Order book shows substantial bid depth remaining, with open interest staying stable, indicating funds have not massively withdrawn.

🎯 Direction: Long (Pullback Limit Orders)

⚡ Entry/Limit Orders: Scale in within 0.0625 - 0.0641 range

🛑 Stop Loss: 0.0595

🚀 Target 1: 0.0824

🚀 Target 2: 0.0916

🛡 ️Trade Management:

- Execution Strategy: Recommended to place limit orders in two batches within the suggested range. Upon reaching Target 1, reduce position by 50% and immediately move stop loss for remaining position to entry price. If price fails to break higher and instead falls back to entry zone, decisively exit and observe.

Deep Logic: Gained over 34% in the past 24 hours with extremely strong momentum. 1H chart shows price trading above EMA20, but RSI is as high as 75, requiring technical pullback. 4H chart displays a clear uptrend channel with open interest remaining stable during the price increase, suggesting this is not purely squeeze-driven but rather new capital entering and pushing price higher. Market logic indicates upward price movement, and combined with stable OI, indicates bullish protection by major holders. The 0.062-0.064 zone below is a previous resistance-turned-support level and near the 1H EMA50, making it an ideal pullback long entry point. Risk-reward ratio reaches 4:1 with extremely attractive win-loss ratio.

View Real-Time Charts 👇 $COLLECT

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