$INIT /USDT – Short Trade Setup! 🚨
Current Price: $0.3972 (+12.91%)
$INIT just hit resistance near $0.4195 after a strong rally but has now printed multiple bearish 15m candles, signaling buyer exhaustion. A rejection from the top and sharp drop indicates a likely pullback opportunity.
📉 Short Trade Plan:
Entry Zone: $0.3980 – $0.4050
🎯 TP1: $0.3860
🎯 TP2: $0.3750
🎯 TP3: $0.3620
Stop Loss: $0.4175
🔎 Pro Tip: Watch for further bearish confirmation on 15m close below $0.392 for safer entry. Keep stops tight — this could be a fast play.
Ride the reversal wave before the next trend kicks in! 💣💼
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