$INIT /USDT โ Short Signal Triggered! Reversal Watch! ๐ป
Current Price: $0.9118
After peaking near $0.96, $INIT is showing signs of exhaustion with a series of lower highs and strong bearish wicks.
Short Trade Setup:
Entry Zone: $0.9150 โ $0.9300
TP1: $0.8800
TP2: $0.8500
TP3: $0.8250
Stop Loss: $0.9450
Market Insight:
Price unable to reclaim $0.94 resistance
Choppy structure with bearish pressure building
Momentum shifting toward sellers with rejection spikes
Pro Tip:
Wait for a weak bounce to $0.92โ$0.925 and enter the short for best risk-reward. Volume confirms weakening bullish attempts.
Volatility risingโtime to ride the downside wave!
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