🚀 $INIT /USDT BEARISH REVERSAL LOADING – MOMENTUM SHIFT CONFIRMED BELOW KEY TREND LEVEL
$INIT /USDT has printed a strong intraday spike to 0.1381, but price is now trading below the Supertrend (10,3) resistance cluster (0.1086–0.1180), signaling a short-term trend reversal. The rejection from highs combined with declining volume and loss of structure above 0.1080 suggests distribution is underway. If price remains below 0.1086, downside continuation toward liquidity pockets below 0.0950 is highly probable.
🔎 Trade Setup (Short Bias)
Entry Zone: 0.0970 – 0.1030
Take Profit Targets:
• TP1: 0.0925
• TP2: 0.0860
• TP3: 0.0780
Stop Loss: 0.1110
📊 Short Market Outlook
Momentum: Cooling off after vertical pump (+34%). Volume declining vs spike volume — bearish divergence risk.
Trend: Price trading below Supertrend resistance → short-term bearish bias.
Key Resistance: 0.1086 / 0.1180
Key Support: 0.0925 → 0.0860 → 0.0780
Failure to reclaim 0.1080 keeps sellers in control. A breakdown below 0.0930 accelerates downside pressure.
Trade smart. Manage risk aggressively.
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