$INIT /USDT short trade signal 🚦🛑

BEARISH PULLBACK AFTER REJECTION FROM SWING HIGH — SHORT SETUP ACTIVE!

$INIT touched a strong resistance at $0.7157 and faced immediate rejection, forming a lower high and showing signs of a short-term pullback. Current price action at $0.6936 suggests momentum is shifting in favor of sellers as bids dry up and the order book shows 76.6% sell pressure.

Trade Setup (SHORT):

Entry: $0.6930 – $0.6960

Target 1: $0.6820

Target 2: $0.6640

Stop Loss: $0.7170

Market Outlook:

As long as $0.7013 remains unbroken, downside pressure is likely to continue. The 1H structure shows a lower high forming, indicating potential trend reversal unless bulls reclaim volume and push past resistance.

Risk Management Tip:

Use wider stops above $0.7170 only if trading with strong confirmation. Trail stops on breakdowns for safer exits.

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

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buy and tread here on $INIT