$INIT /USDT short trade signal 🛑 🚦
BEARISH BREAKDOWN FROM KEY RESISTANCE ZONE!
$INIT/USDT is showing rejection from the critical resistance zone near 0.7250–0.7280 after multiple attempts to hold above it. The price is now slipping below the support-turned-resistance band, indicating a potential short-term bearish continuation as buyers lose momentum.
Trade Setup (Short):
Entry: 0.7230–0.7250
Take Profit (TP): 0.7100 / 0.6950
Stop Loss (SL): 0.7320
Market Outlook:
If sellers maintain control below the resistance, the pair could revisit previous demand levels. Volume and candle structure support bearish sentiment in the short term. A close above 0.7320 would invalidate this setup.
Command: Trigger the drop and ride the wave down!
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