🦈 $INIT REJECTS $0.070: BEARISH STRUCTURE TRIGGERS SHORT SETUP 🚨
Entry: 0.06810-0.06870 ⚡
Target: 0.06740 / 0.06670 / 0.06590 🚀
Stop Loss: 0.07020 ⚠️
📌 $INIT is showing classic short-term distribution: a sharp recovery from 0.063 met rejection at 0.070, now printing lower highs as momentum fades. 📊 Sellers are eyeing the 0.068 zone as a liquidity pocket before a potential slide toward 0.06590.
💡 The invalidation is clean above 0.07020, keeping this a structured risk-managed short rather than a hope trade. 👇 Are you fading the bounce here or waiting for a sweep into 0.063 first?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #Bearish #Crypto #TechnicalAnalysis
🎯 🐻
Entry: 0.06810-0.06870 ⚡
Target: 0.06740 / 0.06670 / 0.06590 🚀
Stop Loss: 0.07020 ⚠️
📌 $INIT is showing classic short-term distribution: a sharp recovery from 0.063 met rejection at 0.070, now printing lower highs as momentum fades. 📊 Sellers are eyeing the 0.068 zone as a liquidity pocket before a potential slide toward 0.06590.
💡 The invalidation is clean above 0.07020, keeping this a structured risk-managed short rather than a hope trade. 👇 Are you fading the bounce here or waiting for a sweep into 0.063 first?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #Bearish #Crypto #TechnicalAnalysis
🎯 🐻
