$INIT /USDT Faces Further Downside as Bearish Momentum Strengthens
Trade Setup: SHORT
Entry Zone: 0.12650–0.12750
TP1: 0.12500
TP2: 0.12300
TP3: 0.12000
SL: 0.13000
Market Setup: Price is showing strong bearish momentum on the 1H chart, forming lower highs and lower lows. A breakdown below 0.12600 could accelerate selling pressure toward lower support levels. Resistance around 0.13000 remains important for bearish continuation.
Trade Setup: SHORT
Entry Zone: 0.12650–0.12750
TP1: 0.12500
TP2: 0.12300
TP3: 0.12000
SL: 0.13000
Market Setup: Price is showing strong bearish momentum on the 1H chart, forming lower highs and lower lows. A breakdown below 0.12600 could accelerate selling pressure toward lower support levels. Resistance around 0.13000 remains important for bearish continuation.
