$INIT /USDT – Bearish Strategy: Ride the Drop, Not the Hype❌🤔👇

🔹 Current Price: $0.5557

🔹 24H High: $0.5821

🔹 EMA Rejection visible on 1H + 4H

🔹 RSI still below 60 on all frames = Weak bullish strength

🔹 MACD losing steam = Momentum fading

📉 Why Bearish?🤔❌

🕐 1H Chart:📊

$INIT Price rejected from 20 EMA (Bearish pullback signal)

Candle showing indecision & stalling around $0.555

RSI falling from recent highs = Profit-taking likely

🕓 4H Chart:📊

EMA 20 < EMA 50 = Bearish crossover still active

$INIT Price just bounced off support but nearing resistance without strong volume

RSI at 42 = Still weak; MACD bearish but recovering slightly = ideal trap zone

🔻 Bearish Trade Plan (Fade the Pump)

📍 Entry Zone:

Sell between $0.565 – $0.580 (ideal lower-high trap zone)✅

🎯 Target Zones:

TP1: $0.530

TP2: $0.508

TP3: $0.468 (24H low, only if momentum increases)

🛡️ Stop Loss:

$0.585 (Above recent rejection zone/high)

⏱️ Trade Duration:

4–12 hours (short-term intraday bearish play)

⚠️ Risk Notes:

🚫 Avoid entering if price breaks and closes above $0.585 on strong volume – that invalidates this bearish setup.

🚫 Stay away from sideways chop zone ($0.550–$0.560) unless rejection candle is clear.

💡 Pro Tip:

“Bearish setups are best played on signs of exhaustion – never short strength, only fade weakness.”

📛 This analysis is for educational purposes only. Not financial advice. Use strict stop-loss and proper risk management.

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