$INIT Short Alert: The Post-Pump Dump! 📉🛑

$INIT is facing a heavy rejection from major resistance levels. What we are seeing now is a clear Distribution Phase after the initial pump, indicating that big players are offloading their bags while retail gets trapped in the fake consolidation.

Trade Strategy (Short):

Bias: Bearish Continuation

Entry Zone: 0.116 – 0.122 🎯

Targets (TP):

TP1: 0.105 📉

TP2: 0.095 🎯

TP3: 0.082 🚀

Stop Loss (SL): 0.135 (Protect above the recent peak)

Market View:

The momentum has shifted. RSI is cooling off from overbought levels, and the volume on the bounce is extremely low, suggesting that sellers are now in full control.

"Don't wait for the bottom to fall out! Click the $INIT widget below to secure your short entry now! 📉👇"

INIT

0.1098

-11.45%