Guys $INIT is setting up for a potential short opportunity 📉
Entry: 0.2120 - 0.2135
🎯 TP1: 0.2054
🎯 TP2: 0.2000
Price has lost both its key moving averages on increasing sell volume with four straight red candles signalling downward continuation.
If momentum stays weak, watching for a move down to 0.2054 support and lower.
Let's see how sellers perform 👀
Entry: 0.2120 - 0.2135
🎯 TP1: 0.2054
🎯 TP2: 0.2000
Price has lost both its key moving averages on increasing sell volume with four straight red candles signalling downward continuation.
If momentum stays weak, watching for a move down to 0.2054 support and lower.
Let's see how sellers perform 👀