🚨 $INIT USDT – BEARISH BREAKDOWN AFTER MASSIVE DROP! 📉⚠️
$INIT has crashed -23.57%, now trading at $0.5113, sliding dangerously close to the $0.5066 support low. With heavy sell volume (39.67M INIT) and no strong reversal signs yet, this could be the start of a deeper correction unless bulls reclaim lost ground quickly. 🧨
🔍 TECHNICAL OUTLOOK:
Current Price: $0.5113
Resistance Levels: $0.5558 / $0.6195
Support Levels: $0.5066 / $0.4920
📉 TRADE SETUP – SHORT POSITION:
• Entry Zone: $0.510–$0.515
• TP1: $0.492
• TP2: $0.475
• Stop Loss (SL): $0.556
• Bias: Bearish Breakdown Continuation 🔻
⚠️ RISK MANAGEMENT:
Risk only 1–2% per trade. Avoid revenge trading in high-volatility zones. Stay sharp! 🛡️📊
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