$INIT /USDT – CONSISTENT LOWER HIGHS WITH WEAK REBOUNDS

DOWNTREND REMAINS INTACT

REJECTION NEAR $0.5094 CONFIRMS BEARISH CONTROL

$INIT /USDT has failed to reclaim momentum after a steep drop from the $0.5768 level. The latest bounce toward $0.5094 was short-lived, with price quickly sliding back toward $0.4942, maintaining the lower high structure and confirming the continuation of bearish momentum.

🔴 Short Trade Setup:

Entry Zone: $0.4950 – $0.5050

Take Profit: $0.4760

Stop Loss: $0.5130

📉 Market Outlook:

Unless buyers push strongly above $0.515, INIT is likely to revisit and possibly break the $0.4765 support. Volume shows no bullish strength, further supporting the downside bias.

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