$INIT /USDT ā Short Signal Developing! š»
$INIT struggles to maintain $0.4560 level, showing signs of short-term reversal on 30M chart. Seller pressure building as bulls lose grip on key support zone.
Technical Picture: Failure to hold above critical level suggests momentum shift toward bears. Price action reveals weakness as selling pressure intensifies - potential breakdown setup forming.
Key Levels: ā”
Critical Resistance: $0.4560
Support Target: $0.4480
Short Trade Setup: ā
Entry: $0.4545-$0.4555
šÆ TP1: $0.4480
šÆ TP2: $0.4410
šÆ TP3: $0.4350
Stop Loss: $0.4605
Pro Strategy: Wait for bearish candle close below $0.4540 for confirmation - this validates breakdown thesis and reduces false signal risk. Don't front-run the setup!
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