$INIT /USDT short trade signal 🚦 🛑

BEARISH PULLBACK UNDERWAY — SHORT OPPORTUNITY EMERGES BELOW RESISTANCE!

$INIT recently surged to test resistance near 0.88 but faced strong rejection, forming a sharp bearish candle followed by consolidation under the 0.80 zone. Price is now retesting previous support-turned-resistance and struggling to reclaim it, signaling a potential short continuation.

Trade Setup (Short):

Entry: 0.795 – 0.805

Take Profit (TP): 0.755 / 0.720

Stop Loss (SL): 0.825

Market Outlook:

The bearish engulfing structure and failure to reclaim broken support suggest continued downward pressure. Momentum traders may find a short setup favorable as long as price remains below the 0.82 zone. Risk management is key due to recent volatility.

Hashtags:

#INITUSDT #CryptoTrading #AltcoinAnalysis #BearishSetup #ShortTrade

buy and trade here on $INIT