$INIT /USDT short trade signal 🛑 🚦

RALLY FACES RESISTANCE, BEARS READY TO TAKE CONTROL 🔻🛑

After a strong +9% upward push, $INIT is showing signs of exhaustion near the resistance zone around 0.4240. The 15m chart reveals a rejection candle, suggesting that bulls are losing momentum and sellers are stepping in. A downside correction could follow if price fails to reclaim higher levels.

📊 Trade Setup (Short Position)

Entry Zone: 0.4175 – 0.4188

Take Profit 1: 0.4086

Take Profit 2: 0.4070

Stop Loss: 0.4240

📈 Market Outlook

Momentum is shifting bearish as price struggles to hold above resistance. A sustained move below 0.4150 will confirm weakness, opening the door for a deeper pullback toward support.

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buy and trade here on $INIT