🔻 $INIT FACES HEAVY SUPPLY AS INSTITUTIONAL SELLERS DEFEND THE PREMIUM RANGE 📉
Entry: 0.1690 - 0.1710 ⚡
Target: 0.1460 🎯
Stop Loss: 0.1870 🛑
The push into the 0.1690 - 0.1710 zone represents a clean inefficiency fill directly into an overhead supply block. 🦈 Institutional order flow indicates smart money distribution, with upside momentum stalling as buy-side liquidity gets absorbed at local highs.
📌 Market structure strongly favors a rotation back toward discount pricing at 0.1460 once local support folds. Securing initial partials at 0.1650 and trailing your stop to breakeven safeguards capital through the expansion.
💬 Are you fading this retest into supply or waiting for a structural breakdown first?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #PriceAction #Crypto
🎯 🦈
Entry: 0.1690 - 0.1710 ⚡
Target: 0.1460 🎯
Stop Loss: 0.1870 🛑
The push into the 0.1690 - 0.1710 zone represents a clean inefficiency fill directly into an overhead supply block. 🦈 Institutional order flow indicates smart money distribution, with upside momentum stalling as buy-side liquidity gets absorbed at local highs.
📌 Market structure strongly favors a rotation back toward discount pricing at 0.1460 once local support folds. Securing initial partials at 0.1650 and trailing your stop to breakeven safeguards capital through the expansion.
💬 Are you fading this retest into supply or waiting for a structural breakdown first?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #PriceAction #Crypto
🎯 🦈
