#INIT #PhânTíchKỹThuật #Altcoin #ShortSetup #BinanceSquare

Market context

INIT has just set a historical peak at 1.24 USD, continuing a series of relentless increases over the past few sessions. However, behind this steep rise are signs that this may be a deliberate price push for distribution.

Capital is shifting towards midcap tokens that are easily manipulated, and INIT is becoming an ideal tool for creating waves – attracting FOMO and liquidity.

Capital flow and price momentum of INIT

  • The derivative funding rate is very high, indicating that Long positions are dominating – a common sign before a sell-off.

  • Volume is increasing significantly, but without clear accumulation.

  • On-chain data recorded:

    • Small wallets (retail) are buying strongly in the 1.10–1.20 range

    • Large wallets (whales) have started quietly distributing from the 1.05 zone upwards

=> There is a possibility that INIT is being pushed up to create liquidity in preparation for a sell-off.

Technical analysis of INIT

  • Current peak: 1.24 USD

  • H4 RSI: above 85 – warning of overbought zone

  • A slight RSI divergence has appeared compared to the previous peak around 1.18

  • Near support:

    • 1.12: Long trap zone

    • 1.05: old peak, strong support

    • Below 1.00: panic zone if sold off

Trading strategy: Waiting to Short INIT

Do not Short too early – wait for confirmation from reversal candles and clear price behavior.

  • Optimal Short zone:

    • 1.22–1.24: waiting for the final push

    • Or if a strong reversal candle appears in the 1.20–1.22 zone

  • SL: 1.255

  • Target TP:

    • TP1: 1.12

    • TP2: 1.05

    • TP3: 0.96–0.98 if selling pressure spreads

  • R:R ratio: minimum 1:2

  • Probability of success: ~70% if there is a confirmed reversal signal + high positive funding

Summary

INIT is in a parabolic vertical growth model – attractive to FOMOers but full of risks. High funding, distribution behavior from large wallets, and overbought signals are warning of a major reversal that could occur.

Shorting is not against the trend, but is ahead of when whales take profits.

Trading warning

Note: INIT is in a state of extreme volatility, with a 24h fluctuation range of over 50%. Current 'pump & dump' scenarios are often highly speculative and easily manipulated.

Not suitable for newcomers or those lacking risk management experience.

Do not FOMO buy at high prices when there is no clear accumulation.

If participating in Short, always set tight SL and manage capital strictly. Absolutely do not 'hold the position' when wrong.

=> Trading INIT at this time is only for experienced investors who know technical analysis and can control their emotions.

Trade now with INIT on Binance

$INIT