$INIT USDT short trade signal 🚦 🛑

BEARS EYEING A PULLBACK AFTER STRONG RALLY

$INITUSDT has hit fresh intraday highs near 0.4550 but is now showing early signs of exhaustion at resistance. Sellers are stepping in around this zone, increasing the probability of a short-term retracement toward key support levels before any further upside attempt.

Trade Setup (Short):

Entry Zone: 0.4530 – 0.4545

Take Profit 1: 0.4420

Take Profit 2: 0.4300

Stop Loss: 0.4600

Market Outlook:

Momentum remains stretched after a steep climb, with price nearing overbought conditions on lower timeframes. Failure to hold above 0.4550 could trigger a controlled pullback toward 0.43 support. Caution advised for late buyers.

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buy and trade here on $INIT