$INIT
/USDT is showing a strong move up after bouncing from the 0.0915 lows, but price is now approaching the 0.1008 resistance zone. This area is the 24h high and has already acted as a rejection level, indicating strong supply overhead. The current move looks extended and momentum is beginning to stall near the top. Volume is decent but not supporting a clean breakout above resistance. If price fails to break and hold above 0.1008, a pullback is likely.
Short INIT
Entry Zone: 0.0995 – 0.1006
Stop Loss: 0.1030
Or Stoploss To Entry
TP1: 0.0960
TP2: 0.0925
Do your own research.
$INIT 👇👇👇
/USDT is showing a strong move up after bouncing from the 0.0915 lows, but price is now approaching the 0.1008 resistance zone. This area is the 24h high and has already acted as a rejection level, indicating strong supply overhead. The current move looks extended and momentum is beginning to stall near the top. Volume is decent but not supporting a clean breakout above resistance. If price fails to break and hold above 0.1008, a pullback is likely.
Short INIT
Entry Zone: 0.0995 – 0.1006
Stop Loss: 0.1030
Or Stoploss To Entry
TP1: 0.0960
TP2: 0.0925
Do your own research.
$INIT 👇👇👇
