🔻 $INIT T /USDT – Bear Alert! Short Setup Brewing 🚨📉
$INIT just ripped +15% to $0.5821 — but momentum is slipping, and the chart’s flashing warning signs. Lower highs are stacking, and bulls are looking exhausted.
Now’s the moment smart bears get ready to strike. 🐻⚔️
📊 Trade Setup – Short Bias Active
• 📈 Current Price: $0.5485 (+15.06%)
• 💣 Entry Zone: $0.5480 – $0.5560
• ❌ Stop Loss: $0.5840
• 🎯 Targets:
• TP1: $0.5320
• TP2: $0.5100
• TP3: $0.4880
📌 Key Levels to Watch:
• Resistance: $0.5820
• Support: $0.4680
• 24H Range: $0.4682 – $0.5821
🧠 Market Insight:
That explosive pump? It’s cooling. A clear rejection candle below $0.555 could confirm bearish takeover. Ideal zone for intraday short entries with strong reward potential.
⚠️ Pro Tip: Don’t chase — wait for confirmation + volume fade. Tight stops. Sharp execution. Respect risk.
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This one could tumble fast. Stay ready — bears are circling. 🔻🔥