$INIT COLLAPSING FAST – BEARS IN FULL CONTROL❗$INIT has plunged from a peak of $0.9857 to $0.5795, wiping out nearly half its value in just a few days. With consistent lower highs, bearish candles, and 63.49% sell pressure, the trend is clearly downward.
Short Trade Setup:
Entry Zone: $0.5750 – $0.5850
TP1: $0.5060
TP2: $0.4400
Stop-Loss: Above $0.6218
As long as $INIT trades below $0.62, any bounce is likely to be short-lived. Sellers are dominating—ride the wave carefully.