$INIT /USDT – BEARISH PRESSURE BUILDING UP

Current Price: $0.4081

24h Low: $0.4061

24h High: $0.4486 24h Change: -8.80%

KEY LEVELS TO WATCH:

🔸 Resistance Zones:

$0.4170 – Intraday resistance (short-term sellers active)

$0.4300 – Major resistance from last failed bounce

🔸 Support Zones:

$0.4060 – Current support (being tested)

$0.3900 – Strong support from previous accumulation zone

TRADE SETUP – SHORT POSITION IDEA:

Entry: $0.4130 – On weak retest or candle rejection

Targets (TP):

TP1: $0.4060

TP2: $0.3900

Stop Loss (SL): $0.4210 – Above intraday resistance

RISK/REWARD RATIO: ~1:2+

RISK MANAGEMENT TIP:

Keep risk limited to 1–2% of your total capital per trade. Patience + discipline = survival in volatile markets.

#INIT #CryptoAnalysis #ShortTrade #Layer1 #INITUSDT #Write2Earn $INIT