$INIT /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN LOADING — LOWER LOWS EXPECTED!
$INIT/USDT is forming consistent lower highs and lower lows on the 30m chart, showing a clear downtrend. After a minor pullback to $1.17, price failed to break resistance and is now setting up for another leg down. Bearish momentum is gaining strength and a breakdown is likely to follow.
Trade Setup (Short):
Entry: $1.1700 – $1.1800
Take Profit (TP): $1.1000 / $1.0300
Stop Loss (SL): $1.2200
Market Outlook:
As long as resistance at $1.22 holds, the downtrend structure remains intact. Lower support zones are likely to be tested as bears continue to dominate.
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This is your signal. Tap in before the next breakout candle!
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