$COLLECT finally woke up 🤔🤔‼️‼️
For several weeks, the price hovered around $0.018 with a normal volume of $1–3M per day.
Now +31% in 24 hours and $24M in volume. Today there was a moment when, in 10 minutes, they traded 131 times the usual amount.
But the most interesting part is positioning. OI rose by 26%, while the crowd’s L/S fell from 5.06 to 2.82.
It looks like new positions are increasingly being opened against the uptrend. Meanwhile, the top traders are staying long with an L/S of 1.56.
$0.0227 is my key level. If it holds, shorts could become fuel for the continuation.
If it fails, the structure will deteriorate sharply.
For several weeks, the price hovered around $0.018 with a normal volume of $1–3M per day.
Now +31% in 24 hours and $24M in volume. Today there was a moment when, in 10 minutes, they traded 131 times the usual amount.
But the most interesting part is positioning. OI rose by 26%, while the crowd’s L/S fell from 5.06 to 2.82.
It looks like new positions are increasingly being opened against the uptrend. Meanwhile, the top traders are staying long with an L/S of 1.56.
$0.0227 is my key level. If it holds, shorts could become fuel for the continuation.
If it fails, the structure will deteriorate sharply.
