$INIT /USDT short trade signal 🛑 🚦
BEARISH SETUP: BEARS TAKE CONTROL AFTER SUPPORT BREAKDOWN!
After a strong upside run, $INIT /USDT has broken below a key consolidation support zone, indicating a potential shift in market sentiment. Price failed to sustain above the 0.83 region and got rejected from the supply zone, forming a classic lower high setup. This breakdown opens doors for a further decline, supported by increasing bearish momentum.
Trade Setup (Short):
Entry: 0.825
Take Profit (TP): 0.635
Stop Loss (SL): 0.938
Market Outlook:
The market structure has turned bearish on the 30m timeframe with rejection from resistance and a clean breakdown of demand. Unless bulls reclaim 0.84+ with strength, sellers are in charge. A retest of the broken zone may confirm entry.
Command: “Secure profits while momentum favors the downside!”
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buy and trade here on $INIT