$INIT BEARISH REVERSAL EXPECTED – SHARP RISE LIKELY TO COOL OFF!

$INIT just surged explosively to $1.2422, but current price action at $1.1784 shows signs of exhaustion. A steep rise without consolidation has left a gap below, and the bearish wick suggests that sellers are stepping in to lock profits, potentially triggering a pullback toward previous breakout levels.

Trade Setup:

Short Entry: $1.1800 – $1.1900

Take Profit Targets: $1.1000 / $1.0500 / $1.0000

Stop Loss: Above $1.2450

Market Outlook:

The rapid rise is unsustainable without correction. If the price fails to reclaim $1.20, it could retrace toward demand zones around $1.05. Volume spikes also signal possible distribution at the top.

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Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!

This is your signal. Tap in before the next breakout candle!

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