$INIT /USDT SHORT TRADE SIGNAL – WATERFALL BREAKDOWN, SELLERS IN FULL COMMAND!

$INIT has dropped -12% today, falling from the $0.77 high to $0.67 with persistent lower highs and accelerating red candles. The 30M and 1H charts both reflect strong bearish momentum, confirming the breakdown of key support levels. No signs of reversal yet — trend is aggressively bearish.

Trade Setup (SHORT):

Entry Zone: $0.6800 – $0.7000

Target 1: $0.6480

Target 2: $0.6120

Target 3: $0.5840

Stop Loss: $0.7120

Why Short?

Price is stuck in a strong downtrend with clear rejection from every attempted bounce. The bearish structure is intact, and increased volume on red candles suggests continuation. If price fails to reclaim $0.70+, bears remain in control.

Risk Management Tip:

Keep SL tight above local resistance to avoid getting caught in a short squeeze. Lock in partial profits early to stay ahead of sudden reversals.

Sell smart — don’t chase green candles when the trend is turning red!

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