$INIT /USDT short trade signal 🚦🛑
BEARISH MOMENTUM CONTINUES — SUPPORT ZONE BEING RETESTED!
After a sharp rejection from the $1.1029 high, $INIT/USDT is consistently printing red candles, with price now hovering around $0.9494. Momentum is clearly fading as the pair tests key intraday support near $0.9430. A failure to hold this level could invite further downside toward the previous low.
TRADE SETUP (SHORT):
Entry Zone: $0.9480 – $0.9510
Take-Profit (TP): $0.9280
Stop-Loss (SL): $0.9615
Market Outlook:
Bearish sentiment is prevailing with weakening volume on upward moves and strong selling pressure on each rejection. Watch closely if the price closes below $0.9430 — that could trigger another leg down.
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This is your signal. Tap in before the next breakout candle!
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