$INIT BLEEDING OUT—BEARS TIGHTENING GRIP!

$INIT /USDT has plunged from a recent high of $1.4477 to just $0.9224—a painful -36% drop. Selling pressure is increasing with no signs of relief yet. Momentum is clearly favoring the downside, and a breakdown below $0.9140 could trigger further selling.

📉 Short Trade Setup:

Entry Zone: $0.9250 – $0.9350

TP1: $0.8800

TP2: $0.8420

TP3: $0.8100 (historical support)

💡 Stop-Loss: Above $0.9650 to protect against sharp reversals.

With sellers controlling 51% of order flow, the bearish momentum remains strong. Eyes on the $0.9100 zone—if that cracks, another leg down is likely.