$INIT USDT – BEARISH CONTINUATION TOWARD LOWER SUPPORT
$INIT is showing sustained selling pressure after failing to hold above the recent recovery zone. The structure remains clearly bearish, with consistent lower highs and lower lows, and the latest candles indicate weakness right at support. The lack of strong buyer response suggests sellers are still in control, opening the door for another leg down if the current base gives way.
Trade Setup (Short):
Entry Range: 0.0875 – 0.0885
Target 1: 0.0865
Target 2: 0.0855
Target 3: 0.0845
Stop Loss (SL): 0.0900
Market Outlook:
Bias remains bearish while price trades below the key resistance zone. Any minor bounce is likely to be corrective, and continuation toward lower levels is favored unless a strong reclaim changes the structure. Manage risk carefully.


