$INIT SIGNAL ALERT 🔴✨️✨️✨️
🔴 SHORT ENTRY: 0.428010
🎯 TP1: 0.424168
🎯 TP2: 0.419737
🎯 TP3: 0.412305
🎯 TP4: 0.404873
🔻 SL: 0.434392
$INIT USDT has shown a bearish continuation on the 15m chart, moving from recent support near $0.443292.
📊 Analysis:
• RSI at 23.10 indicates weak momentum.
• MACD shows a bearish crossover with momentum (-0.00174).
• Price is below the 200-period EMA with a strong red candle.
• Volume surge reflects growing selling activity.
📈 Trader Guidance:
• Set stop-loss at 0.434392 to limit risk to 1-2% of your account.
• Enter positionally and add at TP1.
• Secure profits at TP1/TP2, use a trailing stop for TP3/TP4.
This setup offers solid potential. Act with discipline and protect your gains.
DYOR
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