$INIT /USDT – SHORT TRADE SIGNAL🔴

INIT has rallied over +7% from the $0.3505 support low, but the move is now stalling near the local resistance zone at $0.3773–$0.3793, right under the 24h high. The price has printed a rejection wick and is showing signs of exhaustion after a steep climb. This area has previously triggered sell pressure, and unless bulls push above $0.3795, a pullback looks likely toward the mid-range.

Trade Setup: • Entry Point: $0.3760 – $0.3790

• Stop Loss: $0.3810

• Take Profit:

 • TP1: $0.3670

 • TP2: $0.3580

• Margin: 2–3% of wallet

• Leverage: 10x

Market Outlook:

INIT is facing overhead resistance after a strong bounce and could retrace if momentum fades. A rejection at $0.3790 opens the door for a lower high structure and potential dip. Stay alert for confirmation of weakness before full entry. ⚠️📉

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