$INIT /USDT BEARISH REVERSAL SPOTTED – SHORT TRADE SIGNAL!

INIT pumped aggressively to 0.8173 but faced heavy selling pressure, forming a long upper wick and showing signs of exhaustion. Current price action is struggling to hold above 0.7960, indicating potential for downside correction.

Trade Setup:

Short Entry: 0.7961

Take Profit: 0.7321

Stop Loss: 0.8081

Outlook:

Failure to break higher and the emergence of a bearish rejection candle confirms seller dominance. A breakdown below 0.7891 would accelerate bearish momentum. Risk management is key in such volatile new listings.#StablecoinPayments #BinanceAlphaAlert #AirdropSafetyGuide #Trump100Days #AltcoinETFsPostponed $INIT