$INIT /USDT short trade signal 🛑 🚦
BEARISH BREAKDOWN IN PLAY — EXPECT A STRONG SELL-OFF AHEAD!
$INIT has broken below the key support zone near 0.705 and retested it as resistance, confirming a bearish reversal. The rejection from this zone aligns with lower highs and increasing bearish pressure, signaling further downside potential.
Trade Setup:
Short Entry: 0.699–0.700
Take Profit (TP): 0.651
Stop Loss (SL): 0.724
Market Outlook:
Momentum has clearly shifted in favor of bears after price failed to reclaim the mid-range resistance. Unless volume surges back above 0.705, this setup favors short sellers targeting the next support zone.
Command: Catch the drop before it crashes further!
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