$INIT /USDT short trade signal 🚦 🛑

BEARISH PRESSURE BUILDING: FURTHER DOWNSIDE LIKELY!

$INIT has continued its downward trajectory after failing to sustain above the $0.78 resistance zone. The recent price action shows a consistent pattern of lower highs and lower lows, confirming bearish strength. With the price now hovering near $0.6900 and testing support levels, a breakdown could trigger a sharper sell-off.

Trade Setup (Short):

Entry Zone: $0.6880 – $0.6950

Take-Profit Targets:

TP1: $0.6600

TP2: $0.6350

Stop-Loss: $0.7100

Market Outlook:

Bearish sentiment is dominating as buyers are failing to hold key support levels. If volume picks up below $0.68, INIT/USDT could enter a stronger bearish phase. Stay cautious with tight risk control.

Pro Tip: Wait for a 30m candle close below $0.6850 for stronger confirmation before entering.

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