Zoe_Crypto analyst
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Bearish
$INIT /USDT short trade signal 🚦 🛑
BEARISH PRESSURE BUILDING — WATCH FOR A POTENTIAL BREAKDOWN!
$INIT is currently hovering near its 24h low around $0.6720, with consistent lower highs and declining volume indicating weakening buyer strength. The price is consolidating in a tight range, and if it fails to hold above $0.6750, a sharp breakdown could follow.
Trade Setup:
Entry: $0.6780 – $0.6795 (Short)
Take Profit (TP): $0.6650 / $0.6550
Stop Loss (SL): $0.6905
Market Outlook:
With over 55% sell pressure on the order book and a failure to rebound from support, $INIT looks poised for a bearish continuation. Traders should stay cautious and monitor for any breakdown candle below $0.6720 as confirmation.
Pro Tip: Avoid early entries — wait for a strong bearish candle close below $0.6750 for clean short confirmation.
Follow community — Share your thoughts and hit like if you find this setup helpful for your next move!
#INITUSDT #CryptoSignals #BinanceAnalysis #ShortSetup #PriceAction
buy and trade here on $INIT
BEARISH PRESSURE BUILDING — WATCH FOR A POTENTIAL BREAKDOWN!
$INIT is currently hovering near its 24h low around $0.6720, with consistent lower highs and declining volume indicating weakening buyer strength. The price is consolidating in a tight range, and if it fails to hold above $0.6750, a sharp breakdown could follow.
Trade Setup:
Entry: $0.6780 – $0.6795 (Short)
Take Profit (TP): $0.6650 / $0.6550
Stop Loss (SL): $0.6905
Market Outlook:
With over 55% sell pressure on the order book and a failure to rebound from support, $INIT looks poised for a bearish continuation. Traders should stay cautious and monitor for any breakdown candle below $0.6720 as confirmation.
Pro Tip: Avoid early entries — wait for a strong bearish candle close below $0.6750 for clean short confirmation.
Follow community — Share your thoughts and hit like if you find this setup helpful for your next move!
#INITUSDT #CryptoSignals #BinanceAnalysis #ShortSetup #PriceAction
buy and trade here on $INIT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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