✅ $INIT /USDT Short Trade Signal 🛑🚦
BEARISH REVERSAL SELLERS MOVING IN AFTER THE PUMP 🔻
$INIT pumped over +16% but is now showing clear exhaustion signs after tapping $0.4981. Price is forming lower highs with strong bearish candles and rejection wicks, pointing to a likely short-term correction as sellers reclaim control.
🔹 Trade Setup (Short):
• Entry Zone: 0.4720 – 0.4765
• Take Profits:
➤ TP1: 0.4620
➤ TP2: 0.4500
➤ TP3: 0.4360
• Stop Loss: 0.4830
📊 Market Outlook:
Volume has cooled off sharply, with momentum shifting bearish. If the price stays under the 0.4800 zone, further downside is highly probable toward support. Manage your risk and trail profits on the move down.