$INIT /USDT BEARISH RETEST IN PLAY — MARKET FACES SELL PRESSURE AFTER LOWER HIGH FORMATION!
$INIT has dropped nearly -4.5% and is now struggling to reclaim the 0.5900 zone after forming consistent lower highs. Price action shows a bearish rejection from the 0.6200 region, followed by a steep selloff to the 0.5800 support, with a weak recovery suggesting a likely continuation to the downside.
Trade Setup:
Entry (Short): 0.5880 – 0.5920
Take-Profit (TP):
0.5720
0.5600
Stop-Loss (SL): 0.6000
Market Outlook:
Momentum remains bearish below the 0.6000 resistance. Unless bulls push strongly above that zone with volume, short-term bias remains to the downside. Watch for breakdown continuation if 0.5800 fails.
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Be early, be profitable! Tap in before the market leaves you behind — this is the time to ride the trend!
Command:
“Lower high confirmed — bearish wave activated! Don’t hesitate while the chart screams short setup. Follow the price action and move with momentum!”
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