$INIT now trading at $0.1125 🔻 (-14.45%) after tapping a 24H low at $0.1119. Price is below EMA(7) $0.1140 and EMA(25) $0.1165 short-term trend still bearish. EMA(99) at $0.1212 acting as strong resistance.

Volume cooling (166K vs MA 378K) momentum slowing, possible consolidation before next move.

Scalp Setup Idea (High Risk)

EP: $0.1115 – $0.1130

TP: $0.1170 / $0.1210

SL: $0.1085

Break below $0.110 could trigger fresh liquidity sweep

Reclaim $0.1165 and bulls may step in strong.

Trade smart. Manage risk. Not financial advice.

$INIT

INIT
INITUSDT
0.1093
-6.33%

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