$INIT USDT SHORT TRADE SIGNAL💥🔥
$INIT USDT faced a strong rejection from the 0.1400–0.1450 supply zone after a sharp bullish impulse, forming a lower high structure on the 1H timeframe. The recent breakdown below 0.1200 confirms bearish momentum, and price is now consolidating near 0.1150 support. Weak bounces and smaller candles indicate sellers are still in control.
The market structure has shifted bearish with consecutive lower highs and lower lows. Any pullback toward resistance is likely to attract fresh short positions rather than sustained buying pressure.
Trade Setup:
Short Entry: 0.1160 – 0.1200
TP1: 0.1100
TP2: 0.1040
TP3: 0.0980
SL: 0.1250
Short Outlook:
As long as price remains below 0.1250 resistance, downside continuation toward the 0.1000 psychological level remains highly probable. A reclaim above 0.1250 would invalidate the bearish setup and signal potential trend reversal.
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