ALERT: Massive Liquidation in $INIT /USDT!
A $5,452.5 Long Liquidation just struck at $1.0948!
This blood on the chart signals a key turning point — whales might be done shaking the tree. Is this the calm before a bullish breakout?
Here’s the full breakdown:
Buy Zone:
$1.05 – $1.09
This is a high-risk accumulation zone. Ideal for smart entries as fear peaks.
Targets:
• Target 1: $1.20 – reclaiming previous resistance
• Target 2: $1.34 – momentum breakout
• Target 3: $1.50 – short squeeze potential if volume supports!
Stop Loss:
Below $1.02 (close basis) – if price breaks down, let it go. Discipline = survival.
What’s Happening?
Whales just flushed leveraged longs. The long liquidation at $1.0948 shows that weak hands have been purged. This often leads to a strong bounce if the structure holds.
Pro Tip: Watch the 1H/4H candles and volume. If bullish divergence forms — the reversal could be explosive.