$INIT /USDT ACUTE CORRECTION — TESTING PSYCHOLOGICAL SUPPORT AT $1.00!
$INIT is trading at 1.0021, down -11.09% today after a sharp drop from a high of 1.1512. The 15-minute chart shows the price approaching the key psychological support around $1.00, which could trigger a bounce or a new breakdown depending on the volume response.
TRADE SETUP:
Entry: 1.0000 – 1.0080
Take Profit: 1.0300 / 1.0500
Stop Loss: 0.9880
MARKET OUTLOOK:
INIT is in a high-risk zone. A defense of the $1.00 level could trigger a relief rally, but a lack of maintenance could invite new selling pressure. Monitor the reaction closely.
RISK MANAGEMENT:
Use tight SLs and wait for confirmation of reversal before entering. Avoid overexposure — it’s a volatile zone.
Follow the community
Be early, be profitable! Join before the market leaves you behind — this is the time to follow the trend!
Don’t let this breakout fly without you — enter smart, come out richer!
Follow the momentum before it fades — profits favor the brave!