Need Advice on $INIT Position – Hold or Sell?
Hey everyone, I’m currently holding a position in $INIT that I bought at $0.8925. Right now, the price has dropped to around $0.81, and I’m a bit unsure about my next move.
I’d appreciate some insight on the following:
1. Should I hold or sell at this point?
Is there a chance it could bounce back, or does the trend suggest further downside?
2. If selling is the better option, what should be my strategy?
• Initial sell target to minimize losses
• Upside sell target in case of a rebound
I’m open to hearing both technical and sentiment-based perspectives. Thanks in advance for any guidance!