$INIT /USDT SHORT TRADE SIGNAL: BEARS DOMINATE AFTER SHARP DROP!
$INIT/USDT faced heavy selling pressure after failing to hold above the $0.85 level, leading to a steep decline towards the $0.70 zone. Although a minor bounce is seen, the
overall momentum remains bearish on the
1-hour chart, favoring further downside.
TRADE SETUP:
Entry: $0.7250 - $0.7350
Take Profit (TP): $0.6850 / $0.6600
Stop Loss (SL): $0.7550
MARKET OUTLOOK:
Despite a small relief rally, bearish momentum is strong below key resistance levels. Risk management is crucial as further selling can resume at any rejection near $0.73-$0.74. #SaylorBTCPurchase #xrpetf #BinanceAlphaPoints #TariffPause #BinanceHODLerSIGN $INIT