$INIT /USDT – Massive Breakdown or Final Flush Before Bounce? 🚨📉

INIT just plunged -25.98% to $0.4828, marking one of the steepest daily drops in its short history. Price is now hovering near the 24h low of $0.4776, breaking below both MA-7 ($0.6359) and MA-25 ($0.7944), which confirms heavy bearish momentum.

This could either be a capitulation low or the start of a deeper correction. Volume is still strong (46.33M INIT), so watch closely for buyer response at this critical level.

📘 Trading Strategy:

High-Risk Catch Entry: $0.475–$0.490

Target 1: $0.550

Target 2: $0.610

Stop Loss: $0.454

Breakout Setup (Safer): Above $0.580 with volume confirmation

⚠️ Aggressive entry only for short-term scalpers. Wait for a clear reversal candle or bullish volume spike before committing big.

#INIT #Layer2Crypto #BinanceSignals #AltcoinCrash #CryptoTechnicalAnalysis $INIT