$INIT

/USDT BEARISH BREAKDOWN – SUPPORT FLIPPED INTO RESISTANCE, DOWNSIDE CONTINUATION LIKELY!

Price has broken below the key support zone near $0.72 and is now retesting it as resistance. This confirms a bearish retest setup, suggesting strong seller control. A fresh lower high is forming, indicating that downside momentum could accelerate further.

Trade Setup:

Entry Zone: $0.6780 – $0.6810

Take Profit (TP): $0.5923

Stop Loss (SL): $0.7285

Market Outlook:

INIT is currently in a clear downtrend with lower highs and lower lows. As long as it trades below $0.72, the bias remains bearish. Traders should watch for volume confirmation and avoid overexposure.

Command for You: Stick with the trend – bears are leading this drop!

#INITUSDT #CryptoSignals #ShortSetup #BinanceTraders #ChartAnalysis