**🚨 Short Trade Spotted on $INIT /USDT! 🚨**

**Price:** 0.7992 (-3.71% today)

**24h Range:** 0.9857 (High) / 0.6947 (Low)

### **Key Observations:**

- **Bearish Momentum:** Price is below key MAs (MA5: 33.3M, MA10: 58.9M).

- **Weak RSI/StochRSI:** Indicates potential downside continuation.

- **Recent Drop:** -14.25% from recent highs, with strong sell pressure.

### **Trade Idea:**

- **Entry:** Near current levels (~0.7992) or pullback to 0.8000-0.8100.

- **Targets:** 0.7000 (key support), then 0.6950 (24h low).

- **Stop Loss:** Above 0.8200 (resistance zone).

**Volume Alert:** 24h vol at 237M USDT—high liquidity for execution.

**⚠️ Risk Warning:** Monitor MACD/RSI for reversals. Trade small, manage risk!

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