$INIT
IT /USDT is showing weakness — selling opportunity!!🔥💯
After a sharp rise towards the $1.25 area, $INIT has now lost upward momentum and is struggling to regain previous highs. The current consolidation around $1.15 indicates a potential reversal as sellers begin to take control.
Setting up the sell trade:
• Entry area: $1.145 – $1.155
• Targets: $1.07 / $1.00
• Stop loss: $1.195
Market outlook:
Failure to maintain above $1.20, followed by lower highs and bearish candles, supports a downward bias towards selling. If the price drops below $1.13, momentum could quickly accelerate towards support.
Professional tip:
When the noise fades and consolidation fails to break previous highs, a pullback from the rise often provides the best R:R trades — trade the shift, not the pullback!$INIT
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