⭐ $INIT – Momentum Shift Alert
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🔻 SHORT $INIT
📌 Entry: 0.099 – 0.10
🛑 Stop-Loss: 0.110
🎯 Targets:
TP1: 0.0915
TP2: 0.0850
TP3: 0.0785
📊 Technical Outlook:
The recent upside move in INIT is starting to lose steam. Each attempt to push higher is getting rejected, and buyers are struggling to hold their ground above key levels.
🔍 What stands out:
Rebound attempts look weak and unconvincing
Every recovery is met with stronger selling pressure
Downside moves are getting sharper and more aggressive ⬇️
This tells us that supply is slowly taking control. The structure looks more like distribution than accumulation right now. If sellers stay active, the path of least resistance is lower
.
🚨 Key Level To Hold:
As long as 0.110 remains as invalidation, downside targets stay in play.
Not financial advice. DYOR.
Trade $INIT Here
