$INIT / USDT
Short trade signal bearish momentum
📝 Market Snapshot
Price: $0.4567 (≈ –5.85% intraday from last close)
24‑hour range: $0.4567 – $0.5050
All‑time high: ~$1.43 on May 13, 2025 (~68% decline from peak)
24‑hour volume & market cap: ~$26–30 M volume, ~$68–69 M market cap
---
🎯 Suggested Trading Strategy
✅ Take-Profit Targets
1. TP1: $0.55
~20% above current price, near today’s intraday high boundary.
2. TP2: $0.65
~42% gain; could test post-dip resistance.
3. TP3: $0.80
~75% rally potential—midway toward recovery from ATH.
❌ Stop-Loss Levels
1. SL1: $0.42
$0.456).
2. SL2: $0.38
~17% drop; might signal a deeper bearish trend.
3. SL3: $0.32
~30% fall; limits capital damage if market collapses further.