$INIT USDT – FRESH BREAKDOWN IN PLAY, BEARS GAIN CONTROL
• STRONG REJECTION FROM MA(25) & MA(99)
• SHARP 13% DROP WITH INCREASING SELL VOLUME
$INIT USDT has plunged to $0.4841 after a rejection from the $0.50 zone and all major moving averages. The 15m chart shows a breakdown from a weak consolidation pattern, and price is now accelerating downward.
All moving averages (MA7: 0.4938, MA25: 0.4989, MA99: 0.5151) are above the current price, confirming a bearish structure. If $0.4840 breaks with momentum, it opens the door for deeper correction.
SHORT Trade Setup:
Entry: $0.4880 – $0.4900
Targets:
TP1: $0.4775
TP2: $0.4680
TP3: $0.4550
Stop Loss: $0.5010
Downtrend continuation likely unless bulls reclaim $0.50. Trade with tight risk.
#INITUSDT #BearishBreakdown #CryptoTrading #ShortSignal #BinanceFutures