$INIT – BEARISH PRESSURE AFTER STRONG REJECTION
$INIT /USDT rejected from 0.3642 and has dropped to 0.3467 after testing the 0.3360 low, showing clear weakness as sellers dominate. Failure to hold above 0.346 increases the risk of further downside, with next supports at 0.340 and 0.336. Short entries are favorable around 0.346–0.349 with SL at 0.353, while targets remain 0.340 and 0.336.