$INIT /USDT BEARISH SIGNAL CONFIRMED 🔻

CONTINUOUS LOWER HIGHS FROM $0.5821 📉

FAILED BOUNCES NEAR $0.5126 SHOW WEAK DEMAND ❌

VOLUME DECLINING AS PRICE DROPS – BEARISH MOMENTUM BUILDING ⚠️

$INIT remains in a downtrend, consistently forming lower highs since topping at $0.5821. The price is currently holding just above $0.4859 support, but sellers remain in control. The lack of strong recovery and declining volume suggest further downside potential.

🔴 SHORT TRADE SETUP:

Entry Zone: $0.4910 – $0.4960

Take Profit: $0.4680 / $0.4525

Stop Loss: $0.5120

📊 Market Outlook: If INIT loses the $0.4850 support level, bearish continuation could extend toward the $0.45 zone. Bulls need to reclaim $0.5120 to invalidate this setup.

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