$INIT

USDT BEARISH SETUP – READY FOR ANOTHER LEG DOWN 📉

The market is currently trading at $0.4070, showing a clear bearish structure with repeated lower highs and lower lows. Sellers remain in control as the price struggles to reclaim broken support zones.

🔑 Key Levels:

Resistance: $0.4210 – $0.4213 (previous support turned resistance zone)

Support: $0.3693 – $0.3698 (target demand zone)

Current Price: $0.4070

📊 Trade Setup (Short):

Entry: $0.4070 – $0.4114

Targets (TP): $0.3698 / $0.3693

Stop Loss (SL): $0.4211

🌐 Market Outlook: INITUSDT is following a strong bearish momentum after breaking multiple supports. Unless it breaks above the $0.4210 zone decisively, further downside is likely towards the major support at $0.3690. Trend continuation setups remain favourable in this environment.

⚠️ Risk Management: Always use tight stops and manage position sizing per your strategy to protect capital in strong trending markets.

buy and trade here on $INIT

#INITUSDT #CryptoTrading #BearishSetup #ShortTrade #RiskManagement