$INIT – BEARISH REVERSAL LIKELY AFTER STRONG RALLY
$INIT has climbed sharply from the $0.4034 support, hitting a recent high at $0.4551 before showing signs of exhaustion. The rejection at the top and declining follow-through momentum hint at possible profit-taking ahead. If selling pressure builds, price could revisit $0.4349, and a deeper drop toward $0.4236 remains possible.
Short Entry: $0.4470 Targets: $0.4349 / $0.4236 Stop Loss: $0.4555
Weakening momentum after a sharp rise often signals a short-term correction — caution for late buyers.
I'm sorry, whoever defends it, but what a currency (crap), I fell for a YouTube video, he said it would go to $7.00, I bought it at $3.00.. now in my stupidity I buy at $2.49 to cut losses, it dropped more.. lol
perfect just keep consistency in purchasing and over time your money will appreciate
Gita Wardrup ou9i
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I have never invested in cryptos (in fact, I have never invested in anything, I am buying digital currencies as a form of diversification). What do you think of this portfolio? Any tips for someone who is just starting?
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