INIT is primed to pop lower, price hugging the order block now.
đ´ $INIT SHORT đ
Entry â $0.127283-$0.127537
Stop â $0.131232 (-3.0%)
TP1 â $0.125499 (+1.5%)
TP2 â $0.121039 (+5.0%)
R/R 1:1.7 ⢠Confidence 64%
We got a clean CHoCH on the 15âmin, CVD spikes confirming sellers, plus a fresh FVG overlapping the OB â that POI is screaming short. Structureâs broken lower high and the market is sliding into the gap.
A 3.0% stop is a bit tight, so stick to 5â10x max to keep risk in check.
Take half off the table at the first target around 1.7R.
Not financial advice â trade only what you can afford to lose đ
$INIT #INITUSDT #THORChain #TradingSignals #Write2Earn
đ´ $INIT SHORT đ
Entry â $0.127283-$0.127537
Stop â $0.131232 (-3.0%)
TP1 â $0.125499 (+1.5%)
TP2 â $0.121039 (+5.0%)
R/R 1:1.7 ⢠Confidence 64%
We got a clean CHoCH on the 15âmin, CVD spikes confirming sellers, plus a fresh FVG overlapping the OB â that POI is screaming short. Structureâs broken lower high and the market is sliding into the gap.
A 3.0% stop is a bit tight, so stick to 5â10x max to keep risk in check.
Take half off the table at the first target around 1.7R.
Not financial advice â trade only what you can afford to lose đ
$INIT #INITUSDT #THORChain #TradingSignals #Write2Earn