🔻 $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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