$INIT /USDT Short Term Update 📊

INIT is trading near 0.0969 after a strong pump of almost 36% in the last 24 hours. Price already tapped 0.138 high and now pulling back with momentum slowing on lower time frames. Short term structure looks weak below 0.100 zone.

INITUSDT

Διην.

0.10171

+3.15%

🔹 Short Setup

Entry: 0.0975 to 0.1000

SL: 0.1045

TP1: 0.0920

TP2: 0.0875

TP3: 0.0820

Price is trading below short term moving averages and failing to hold above the psychological 0.100 level. If sellers keep control, we can see a continuation towards lower support zones. Volume is fading after the pump, which supports a pullback scenario.

Invalidation if price closes strong above 0.1045 with volume.

Manage risk properly, don’t overleverage in volatile conditions.

Trade $INIT here 👇