Guyz, I’m going to take a big short trade on $INIT
Take Profit: $0.194
Stop Loss: $0.234
After the massive pump, $INIT has been rejected twice from $0.22, and the volume is also very weak. Because of this, the trend is now looking bearish, and the coin has lost its momentum.
Retail traders are making the same mistake again by buying due to FOMO. As a result, a lot of liquidity is sitting below $0.19, which could soon be swept.
Take Profit: $0.194
Stop Loss: $0.234
After the massive pump, $INIT has been rejected twice from $0.22, and the volume is also very weak. Because of this, the trend is now looking bearish, and the coin has lost its momentum.
Retail traders are making the same mistake again by buying due to FOMO. As a result, a lot of liquidity is sitting below $0.19, which could soon be swept.
