$INIT Losing Steam After Parabolic Expansion 📉
Short $INIT
Trade Plan:
Entry: 0.098 – 0.102
SL: 0.112
TP1: 0.092
TP2: 0.085
TP3: 0.078
After the explosive spike, price is now stabilizing and printing lower highs — a classic sign of distribution following a blow-off move. Momentum is clearly tapering off, and upside continuation lacks conviction.
If sellers maintain control within this range, downside liquidity becomes the next draw, increasing probability for a move toward the 0.085–0.078 zone.
Patience over emotion.
Click $INIT Trade Here 👇
INITUSDT
Löpande
0.09914
-12.51%