$INIT /USDT short trade signal 🚦 🛑

BEARISH SETUP – SUPPORT FLIPPED TO RESISTANCE, ANOTHER DROP LOADING?

$INIT/USDT surged earlier but has now broken below a critical support zone near 1.10 and is retesting it as resistance. This shift in structure signals a bearish setup where failed reclaim attempts could trigger another downward leg. Current price action suggests weakness despite the recent bounce.

Trade Setup (Short):

Entry: 1.0850 – 1.1000

Targets (TP): 1.0200 / 0.9700 / 0.9100

Stop Loss (SL): 1.1250

Market Outlook:

INIT is showing signs of trend exhaustion. The inability to sustain above the 1.10 mark puts pressure on bulls. If the price continues to get rejected here, sellers may dominate the next phase.

Follow community

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!

#INITUSDT #BearishTrade #CryptoSignal #BinanceChart #TechnicalSetup

buy and trade here on $INIT