$INIT

/USDT BEARISH short trade signal 🚦 🛑

REJECTION FROM SUPPLY ZONE!

After testing a strong resistance zone near 0.8650, $INIT/USDT faced clear rejection and is now struggling to hold above the key level of 0.8490. The price action on the 30-minute chart shows multiple rejections from the highlighted supply area, indicating weakening bullish momentum and possible downside pressure.

Trade Setup (Short):

Entry: 0.8490 – 0.8550

Targets: 0.8320 / 0.8180

Stop Loss: 0.8660

Market Outlook:

As long as price remains below the 0.8550 resistance zone, bears may remain in control. A confirmed breakdown below 0.8450 could trigger further selling pressure. Traders should monitor volume for confirmation.

Command:

Market weakness spotted. Time your entries and manage risk wisely!

#CryptoTrading #INITUSDT #BearishSetup #ShortTrade #PriceAction

buy and trade here on $INIT