$INIT USDT Market Update
Trade Type: SHORT (15m Bearish Structure)
Entry Zone: 0.097 – 0.100
Resistance Zone: 0.102 – 0.104
Targets:
TP1: 0.093
TP2: 0.089
TP3: 0.085
Stop Loss: 0.106
Market View:
INIT faced strong rejection after the 0.118 high and is trading below MA(25) on the 15m timeframe. Lower highs and weak momentum suggest short-term bearish pressure.
Price struggling to reclaim 0.102 resistance.
Break below 0.093 support can accelerate downside toward 0.089 and 0.085.
A strong close above 0.106 would invalidate this short setup.
👉 Bias remains bearish below 0.102. $INIT
INITUSDT
Perp
0.08178
-5.96%