📉 $INIT topping out after +97.4%, pullback loading
SHORT · 1H
Entry: $0.2132 - $0.2176
TP1: $0.188
TP2: $0.1745
TP3: $0.161
SL: $0.2378
$INIT pumped +97.4% in the last 24 hours. RSI is overheated on the 1H, volume hit a climax at the extreme and a strong rejection wick formed at the highs. Entry is on the first 15M weakness, targets are the 0.382, 0.5 and 0.618 retracements of the pump.
#INIT #Crypto · NFA
SHORT · 1H
Entry: $0.2132 - $0.2176
TP1: $0.188
TP2: $0.1745
TP3: $0.161
SL: $0.2378
$INIT pumped +97.4% in the last 24 hours. RSI is overheated on the 1H, volume hit a climax at the extreme and a strong rejection wick formed at the highs. Entry is on the first 15M weakness, targets are the 0.382, 0.5 and 0.618 retracements of the pump.
#INIT #Crypto · NFA
