$INIT /USDT SHORT TRADE SIGNAL 🔻
INIT shows signs of losing momentum near the 0.3469 resistance area after multiple rejections. Sellers are regaining control, suggesting a potential downside retracement toward lower support zones.
Trade Setup:
Entry: 0.3360 – 0.3380
Target 1: 0.3260
Target 2: 0.3180
Target 3: 0.3080
Stop Loss: 0.3475
Key Levels: Resistance – 0.3469 | Support – 0.3190
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
INIT is currently facing a short-term correction phase after testing key resistance. A sustained rejection from 0.3470 could trigger further downside pressure. Watch for volume confirmation before executing the trade.
#INIT #CryptoTrading #Altcoins #TechnicalAnalysis #Binance $INIT