$COLLECT: A distribution phase appears to be underway, and I am initiating a short position. 📉

Entry zone: 0.082 - 0.084 stablecoin
TP: 0.068 → 0.057 stablecoin
SL: 0.089 stablecoin

This SL is tight due to high volatility. Prudent risk management is crucial. The potential risk-reward ratio remains favorable.

The trendline has been snapped, indicating a shift. Supply remains in control, reinforcing the bearish market structure. 📉

Combining the impact of a new listing with high volatility often signals a distribution phase. My short position will be maintained until the market structure indicates a reversal.

Risk management protocols are in place. We will observe how price action unfolds. Let price do the talking.

Keep an eye on $LIGHT and $RIVER, showing significant momentum. 🚀

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