🧬 INIT/USDT – Trading Strategy
⸻
🔻 Short
• Entry: 0.670
• SL: 0.675
• TP: 0.646
Evaluation: Short SL margin → suitable for quick scalping trades. If the price does not exceed 0.670–0.672 and a reversal candle appears, a Short position can be opened. However, it is easy to get stopped out if BTC rallies strongly → monitor BTC closely before entering.
⸻
🔺 Long
• Entry: 0.646
• SL: 0.640 (comma error corrected)
• TP: 0.669
Evaluation: The 0.640–0.646 range is the nearest support, tested multiple times. If the price breaks below 0.640, the short-term upward structure may be broken. Therefore, the Long order has a decent RR, but confirmation signals are needed.
⸻
📌 Overview:
• INIT is a token with relatively low liquidity, wide spread → avoid large orders, no FOMO.
• Prioritize waiting for price reaction at the Entry range, do not enter orders too early.
