$COLLECT SHORT
- Sellers maintain pressure by holding local initiative and preventing buyers from developing a corrective rebound above the current levels.
- Open interest shows a steady increase on lower timeframes, confirming participantsโ interest in developing a downward move.
- RSI metrics on 1-minute intervals indicate strong local oversold conditions, but higher timeframes still leave room for sellers.
- Trading volumes remain moderate, so control of the instrument may shift in waves, requiring careful risk management.
โก๏ธ Entry point: 0.0593$
๐ฏ Take Profit 1: 0.0583512$
๐ฏ Take Profit 2: 0.0564536$
โ Stop-loss: 0.0619092$
๐ RSI14: m1 25.8 โข m5 47.1 โข m15 59.1 โข m30 61.6
๐ VOL: m1 $196.4K โข m5 $215.8K โข m15 $278.8K โข m30 $278.8K
๐งฒ OI: now $8.2M โข 5m +0.6% โข 15m +1.4% โข 30m +1.9%
โ ๏ธ This is not financial advice. Trade at your own risk. DYOR.
#COLLECT #FuturesSignals #DYOR ๐
$COLLECT