#INIT #MarketDump #HoldOn Feeling the heat with $INIT right now like many of you. This prolonged dump has definitely hit my portfolio – currently sitting on some losses. 📉
BUT, I'm not hitting the panic button. Why? My analysis tells me this could be a significant shakeout before a strong rebound in the coming days. The fundamentals and structure haven't suddenly changed.
I've been here before. Remembered the last bull run surge? I rode it, made solid profits, and crucially, exited at a good point. That experience taught me patience and the importance of sticking to my analysis, even when the charts are red.
This time, my TA (Technical Analysis) is signaling potential for a significant gain soon. The current price action, while painful, looks like classic fear capitulation to me before a reversal.
This is JUST MY ANALYSIS and conviction based on my research. I'm holding because I believe in this setup. I know it's tough watching the red candles!
What do YOU think?
Is this just a deeper correction?
Are you seeing similar signals for a bounce?
Or is your analysis pointing differently?
Drop your thoughts, charts, or counterpoints below! Let's discuss – sharing perspectives is key in this volatile market. Stay strong (but realistic), folks.
#DYOR🟢 #NotFinancialadvice