$INIT /USDT short trade signal 🚦 🛑
BEARISH PULLBACK CONTINUES — BUYERS LOSING CONTROL!
$INIT /USDT has failed to sustain its recent upward spike and is now showing signs of weakness after getting rejected near the $0.72 level. The current price action at $0.6918 reflects a lower high and a potential bearish continuation, especially if it breaks below the $0.675 support zone.
Trade Setup:
Entry (Short): $0.6920 – $0.6950
Take Profit: $0.6800 / $0.6700
Stop Loss: $0.7050
Market Outlook:
Short-term trend is tilting bearish as momentum slows down and volume dries up. A breakdown below key support may invite more sellers. Safer entries are around minor relief rallies into resistance with tight stop losses.
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