$INIT

/USDT BEARISH BREAKDOWN IN PLAY !!

INIT faced a strong rejection near the $0.8225 resistance zone after a sharp spike, indicating a possible bull trap. The price has now flipped bearish, forming a large red candle and breaking below the $0.7897 level — suggesting downside continuation.

Trade Setup:

Short Entry: $0.7890 – $0.7860

Take Profit (TP): $0.7276

Stop Loss (SL): $0.8237

Market Outlook:

A clear lower high and rejection from key resistance show weakness. If price fails to reclaim $0.7890, bears could dominate. Watch for further selling pressure down to the support at $0.7276.

Risk Management:

Use 3–5% of your capital with a tight SL. Avoid overexposure in this volatile move.

Command: Let the breakdown pay you. Stay focused and ride the momentum!

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