Post
Amina Chattha
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Bearish$INIT BEARISH CRACKDOWN SHORT SETUP TRIGGERED BELOW $1.05!
$INIT /USDT tumbled from its recent peak at $1.2462 and is now trading around $1.0360, showing strong selling pressure. The breakdown from the $1.08 support zone signals a momentum shift,$INIT with red candles building and weak buyer reaction.
📉 Short Trade Setup
• Entry Zone: $1.0320 – $1.0450
• TP1: $0.9810
• TP2: $0.9200
• TP3 (Final): $0.8650
• Stop-Loss: Above $1.0900
Why Short?
#INIT Clean rejection from local top at $1.2462
Series of lower highs forming
Momentum flipping bearish after losing $1.08 support
Increased downside risk as long as price stays under $1.05
#MarketPullback
#INIT
#BearishSetup
#CryptoTrade
{spot}(INITUSDT)
$INIT /USDT tumbled from its recent peak at $1.2462 and is now trading around $1.0360, showing strong selling pressure. The breakdown from the $1.08 support zone signals a momentum shift,$INIT with red candles building and weak buyer reaction.
📉 Short Trade Setup
• Entry Zone: $1.0320 – $1.0450
• TP1: $0.9810
• TP2: $0.9200
• TP3 (Final): $0.8650
• Stop-Loss: Above $1.0900
Why Short?
#INIT Clean rejection from local top at $1.2462
Series of lower highs forming
Momentum flipping bearish after losing $1.08 support
Increased downside risk as long as price stays under $1.05
#MarketPullback
#INIT
#BearishSetup
#CryptoTrade
{spot}(INITUSDT)
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