BlockchainBaller
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Previous all targets achieved successfully $INIT Slipping Down the Slope — More Pain Ahead❓$INIT just nosedived to $0.6727 after hitting highs near $0.9857. Selling pressure remains strong, and RSI is stuck in extreme oversold territory without any strong recovery signs yet.
📊 Trade Setup:
Entry Zone: Around $0.6800 – $0.6700 (enter on minor rebounds)
First Target (TP1): $0.6300
Second Target (TP2): $0.5800 (deep support area)
Stop-Loss: Above $0.7100 to manage risk cleanly.
Momentum is clearly favoring the bears for now. Stay sharp $INIT might continue sliding before any real bottom forms!
📊 Trade Setup:
Entry Zone: Around $0.6800 – $0.6700 (enter on minor rebounds)
First Target (TP1): $0.6300
Second Target (TP2): $0.5800 (deep support area)
Stop-Loss: Above $0.7100 to manage risk cleanly.
Momentum is clearly favoring the bears for now. Stay sharp $INIT might continue sliding before any real bottom forms!
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