After launch first downward trend Started...$INIT Collapsing Fast — Bears Tearing It Down❗$INIT nosedived to $0.7031, crashing by a brutal -18.97% today. It got rejected hard from the $0.9857 peak and is sliding aggressively with no support in sight. RSI is bleeding at 24.74, screaming oversold but buyers still missing!
Short Trade Setup:
Entry Zone: $0.7100 – $0.7200 (if price pulls back slightly)
First Target (TP1): $0.6700
Second Target (TP2): $0.6200
Stop-Loss: Above $0.7600 to avoid sudden squeeze
Momentum is ugly unless buyers rescue it fast, #INIT could spiral even lower. Stay sharp and trade smart!
trade here $INIT