🚨 $INIT SLAMS INTO OVERHEAD RESISTANCE AS EXHAUSTION HITS THE LOCAL RALLY! 📉
Entry: 0.1405 - 0.1420 🔥
Target: 0.1380, 0.1350, 0.1330 🎯
Stop Loss: 0.1465 🛑
📌 After printing an aggressive 13.58% climb over the past 24 hours, $INIT is colliding directly into heavy supply stacked between 0.1450 and 0.1464. Buyers are visibly losing momentum as order books flash early exhaustion signals.
📊 A clean breakdown beneath the 0.1400 psychological pivot unlocks rapid downside expansion straight into the 0.1350 and 0.1330 liquidity pools. 💡 Unless bulls can absorb this entire wall and reclaim higher ground, the path of least resistance tilts firmly south.
🤔 Are you fading this run into supply or betting on a full resistance reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #CryptoTrading #Bearish #Altcoins
🎯 📉
Entry: 0.1405 - 0.1420 🔥
Target: 0.1380, 0.1350, 0.1330 🎯
Stop Loss: 0.1465 🛑
📌 After printing an aggressive 13.58% climb over the past 24 hours, $INIT is colliding directly into heavy supply stacked between 0.1450 and 0.1464. Buyers are visibly losing momentum as order books flash early exhaustion signals.
📊 A clean breakdown beneath the 0.1400 psychological pivot unlocks rapid downside expansion straight into the 0.1350 and 0.1330 liquidity pools. 💡 Unless bulls can absorb this entire wall and reclaim higher ground, the path of least resistance tilts firmly south.
🤔 Are you fading this run into supply or betting on a full resistance reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #CryptoTrading #Bearish #Altcoins
🎯 📉