$INIT /USDT SHORT TRADE OPPORTUNITY — BEARISH REVERSAL IN PLAY!!🔥💯
After hitting a peak of $1.3796, $INIT is now showing clear signs of weakness with a lower high structure forming. Price has broken below near-term support at $1.26 and is now targeting deeper levels.
Current Price: $1.2410
24H High: $1.3796
Breakdown Zone: $1.250
Next Support Levels: $1.200 – $1.160
Market Outlook:
Momentum is fading, with bearish engulfing candles on lower timeframes confirming selling pressure. If $1.24 doesn’t hold, the next leg down could accelerate quickly.
Pro Tip:
In fast markets, fading strength can be just as powerful as riding momentum — manage risk, and strike where the trend confirms!
#StrategyTrade #BinanceAirdropNXPC #NewsTrade #StrategyTrade #BTCBackto100K