๐ด $INIT REBOUND STALLS AT HEAVY RESISTANCE AS SELLERS PREPARE TO TAKE CONTROL! ๐
Entry: $0.0681 - $0.0690 โก
Target: $0.06560 ๐ฏ
Stop Loss: $0.06944 ๐
Sellers are actively defending the key $0.0690โ$0.0694 supply wall after rejecting $INIT at the recent highs. ๐ Buying momentum is fading quickly beneath overhead resistance, leaving the chart vulnerable to a swift downside leg.
๐ A confirmed 15-minute rejection below $0.0690 signals that the bears are locking in control, clearing a path toward lower demand targets down to $0.06560. ๐ Watch the order flow closely as heavy selling pressure caps any attempt at a bounce. ๐ก
Are you riding this short opportunity down, or waiting for extra confirmation before opening your position? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #INIT #ShortSetup #Bearish #Crypto
๐ ๐ป
Entry: $0.0681 - $0.0690 โก
Target: $0.06560 ๐ฏ
Stop Loss: $0.06944 ๐
Sellers are actively defending the key $0.0690โ$0.0694 supply wall after rejecting $INIT at the recent highs. ๐ Buying momentum is fading quickly beneath overhead resistance, leaving the chart vulnerable to a swift downside leg.
๐ A confirmed 15-minute rejection below $0.0690 signals that the bears are locking in control, clearing a path toward lower demand targets down to $0.06560. ๐ Watch the order flow closely as heavy selling pressure caps any attempt at a bounce. ๐ก
Are you riding this short opportunity down, or waiting for extra confirmation before opening your position? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #INIT #ShortSetup #Bearish #Crypto
๐ ๐ป
