🔻 $INIT Under Pressure – Bearish Continuation in Play! 📉
INIT is in a strong downtrend, and momentum shows no signs of cooling. The next setup? A failed bounce or a fresh breakdown — both could offer high-probability short entries. 🐻
📍 Entry Options:
• 🔁 On a weak pullback that stalls below $0.9500–$0.9600
• 🔻 On breakdown below immediate low (watch price action closely)
🎯 Take Profit (TP):
• TP1: $0.9000
• TP2: $0.8800 💰
🛡️ Stop Loss (SL):
• Above $0.9700 – control risk, preserve capital 🛑
This is a trend-following play. Patience + discipline = key. Ride the wave, don’t fight it.
📌 DYOR – Not financial advice. #BinanceTGEAlayaAI #INIT