🔻 $INIT / USDT – Bearish Crackdown in Play!
Current Price: $1.0360
$INIT has broken down from the $1.08 support zone after topping out at $1.2462. A strong bearish trend is forming with red candles stacking and buyers stepping back.
📉 Short Setup:
Entry Zone: $1.0320 – $1.0450
Targets:
• TP1: $0.9810
• TP2: $0.9200
• TP3: $0.8650
Stop-Loss: Above $1.0900
💣 Why This Setup?
Clear rejection from $1.2462
Lower highs confirming bearish momentum
Breakdown below $1.05 signals risk of deeper downside
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