$INIT /USDT – SHORT TRADE SIGNAL
WEAKENING BULLISH MOMENTUM
MULTIPLE LOWER HIGHS – SELLERS IN CONTROL
POTENTIAL BREAKDOWN BELOW LOCAL SUPPORT
INIT is trading at $0.5024, stuck in a descending pattern with fading volume on recovery attempts. Price continues to post lower highs and is now consolidating just above key support at $0.4917. A break below this zone could trigger a sharp move toward previous lows.
🔴 Short Trade Setup:
• Entry Zone: $0.5000 – $0.5100
• Stop Loss: $0.5450
• Take Profit:
TP1: $0.4800
TP2: $0.4600
• Leverage: 10x
• Risk Allocation: 2–3% of wallet
Market Outlook:
If the $0.4917 level fails to hold, a new wave of selling could accelerate the downtrend. No sign of reversal yet — caution advised on long entries.
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