๐Short Trade Alert๐๐
$INIT BLEEDING OUT โ BEARS TIGHTENING GRIP!
INIT: 0.9333 (-20.61%)
From the $1.4477 high to a brutal drop at $0.9224, $INIT is collapsing under relentless bearish pressure. The chart screams panic sell, and the downside may not be over yet!
๐ Short Trade Setup:
Entry Zone: $0.9250 โ $0.9350
TP1: $0.8800
TP2: $0.8420
TP3: $0.8100 (historical support zone)
Stop-Loss: Above $0.9650 to dodge fakeouts.
Order Flow:
Sellers dominate with 51% of control โ a clear red flag for longs. Volume spikes on down candles confirm that exits are accelerating.
๐ฅ Key Warning:
If $INIT loses $0.9100, brace for a cascade into lower zones. No bottom in sight unless buyers step in with strength โ and fast!
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๐๐ฃ๐ #INIT #CryptoAlert
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