#TariffsPause $INIT /USDT - A short-term bearish structure is forming🔐🔑👇

Current price: $0.7768

Timeframe: 1H & 4H charts

Chart analysis:📉

$INIT shows short-term weakness after aggressive growth, evidenced by a clean rejection from the resistance zone of $0.90. Currently, the price action has broken below the 20 EMA on the 1H chart and is holding just above the short-term support.

Trend signal & formed pattern:📊📉

The 4H timeframe indicates a potential local maximum and early signs of bearish momentum.

1H RSI is deeply oversold (around 0), signaling exhaustion and a possible bounce, but confirmation is lacking.

There is still no bullish reversal structure — momentum remains with the sellers.

Why bearish🤔🔥

Failure to hold the support at $0.80 after parabolic growth.

Lower highs and lower lows on the intraday chart.

Weak bounce attempts indicate that buyers are losing strength.

Strategic plan (Short position):🧑‍💻

Sell entry zone: $0.80 – $0.83 (if a slight pullback occurs)✅

Target-1: $0.72🎯

Target-2: $0.65🎯

Stop-loss: $0.86 (above the previous lower high)

Risk to reward: ~1:2.5