$COLLECT LLECT is showing a very interesting recovery structure right now. Price is around $0.07703, up roughly 5.07%, and the 60M chart shows a clear story: buyers defended the $0.06032 low, built a recovery base, and are now pushing back toward the previous supply area.
The first thing I would teach a trader here is don’t confuse a strong bounce with a confirmed breakout. The move from $0.06032 to $0.077+ is impressive, but the market still has to prove that buyers can absorb the sellers sitting above.
On the 60M structure, $0.06032 is the major swing support. That level produced the strongest visible rejection and became the starting point of the current recovery. Above it, the market gradually formed higher lows, followed by stronger green candles. That is a much healthier structure than simply one random pump.
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