#Trade $INIT Short Trade Setup

Entry: 👉 0.10605– 0.1203

Stop Loss: 👉 0.1329

Targets:

TP1: 0.088

TP2: 0.082

TP3: 0.075

Step-by-Step Reasoning

Massive breakout from accumulation base

RSI extreme shows overextension

Volume spike indicates possible distribution

Price far from EMA → mean reversion pending

FVG below acting as magnet

Liquidity clusters below likely to be targeted

INITUSDT

Perp

0.12108

+5.55%