💥 $INIT
USDT BEARISH REVERSAL – STRONG SELL SIGNAL ACTIVE!
$INITUSDT is showing clear rejection from the strong resistance zone around 0.4804 – 0.4805, where sellers have stepped in aggressively. The current price is 0.4654, and momentum indicates a downside move towards the major support area.
🔑 Key Levels:
Resistance: 0.4804 – 0.4805
Support: 0.4153 – 0.4137
Current Price: 0.4654
📉 Trade Setup (Short):
Entry Zone: 0.4650 – 0.4688
Take Profit (TP): 0.4153 – 0.4137
Stop Loss (SL): 0.4805
🧠 Market Outlook:
After a strong upward move, $INITUSDT is facing rejection from supply. If it fails to reclaim resistance, sellers can dominate, pushing it back to the demand zone near 0.4150.
⚠️ Risk Management:
Always use strict SL and risk only 1-2% of your capital per trade to protect yourself from sudden market volatility.
💬 Do you agree with this bearish setup? Comment “💔 INIT DROP” if you see it coming!
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buy and trade here on $INIT