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$COLLECT (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.05120 - 0.05170
Targets:
TP1: 0.05000
TP2: 0.04880
TP3: 0.04730
Stop Loss: 0.05320
Why this Setup:
I’m staying bearish while price keeps rejecting the 0.0520 area and failing to reclaim the local range high. I want to short into strength near resistance, with downside follow-through likely if the recent bounce loses momentum and the 0.0500 support gives way.