$INIT /USDT – SHORT TRADE SIGNAL🔴

INIT just rejected from the 24h high at $0.4540 after an extended rally from $0.3871, showing signs of exhaustion with a sharp red candle. Price is now breaking below minor support at $0.4426, forming a potential lower high setup. If momentum continues, a deeper pullback toward the mid-range is likely.

• Entry Point: $0.4390–$0.4430

• Stop Loss: $0.4545

• Take Profit:

 • TP1: $0.4270

 • TP2: $0.4130

• Margin: 2–3% of wallet

• Leverage: 10x

📉 Market Outlook: Overextended rally losing steam. First signs of distribution appearing near highs with potential for retracement as bulls lock profits.

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