Trading Plan big Short
$COLLECT lost trendline support and sellers are starting to take control.
Entry: $0.0503 – $0.0508 (on weak retest of the broken trendline)
Stoploss: $0.0518
Targets: $0.0492 / $0.0480 / $0.0468
The ascending trendline has been broken, turning previous support into potential resistance. Price is now printing lower highs while struggling to reclaim the breakdown level. If the retest fails, bearish continuation toward the next demand zone becomes more likely. A move back above $0.0518 invalidates the setup.
Trade here 👇$COLLECT
#collect #TrendlineBreakdown
$COLLECT lost trendline support and sellers are starting to take control.
Entry: $0.0503 – $0.0508 (on weak retest of the broken trendline)
Stoploss: $0.0518
Targets: $0.0492 / $0.0480 / $0.0468
The ascending trendline has been broken, turning previous support into potential resistance. Price is now printing lower highs while struggling to reclaim the breakdown level. If the retest fails, bearish continuation toward the next demand zone becomes more likely. A move back above $0.0518 invalidates the setup.
Trade here 👇$COLLECT
#collect #TrendlineBreakdown