$INIT ALERT: Whales Got REKT — $3,658 Long Liquidated at $1.1344!
The market just ripped through weak hands and punished overleveraged long positions! Over $3.6K in longs liquidated at $1.1344 — $INIT is heating up, and now it's our turn to strike smart!
Technical Analysis: INIT (INIT/USD)
Long Liquidation Level: $1.1344 (Strong Resistance Now!)
Current Market Sentiment: Bearish Flip → Opportunity for Strategic Entry
Entry (Buy) Zone:
→ $1.08 – $1.12
This range holds crucial support and is a demand zone where smart money could accumulate. Enter only if the price shows consolidation or bullish confirmation.
Targets:
1. $1.17 (First Take-Profit – reclaim of liquidation zone)
2. $1.22 (Bullish continuation – short squeeze possible)
3. $1.28 (Major breakout target if volume supports)
Stop Loss:
→ $1.045
If INIT breaks below this level with volume, bulls are likely out of steam. Risk management is KEY.
Market Pulse:
This isn't just another dip — it's a setup. The liquidation wick signals weak hands getting flushed. If INIT holds the $1.08–$1.12 range, we might see a sharp rebound as trapped shorts start to cover.
Your Move?
Patience. Precision. Profits.
Watch for volume, structure, and timing — $INIT is loading for a move. Don’t chase, position like a sniper.
