🦈 $INIT WATCH: RECLAIM $0.06966 BEFORE $0.07067 BREAKOUT ⚡
Entry: 0.069895-0.069965 ⚡
Target: 0.07097 🚀
Stop Loss: 0.06944 ⚠️
📌 $INIT is showing relative strength near $0.06867 while $BTC drifts lower, but the structure still needs a reclaim of $0.06966. Until $0.07067 is taken out with volume, this is a confirmation trade, not a chase.
💡 The invalidation sits at $0.06944, so a failed reclaim keeps the larger downtrend in control. ⚡ Watch for $BTC stabilizing near $76,800 before expecting $INIT to break resistance cleanly. 💬 Are you waiting for the reclaim or taking the sweep lower?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ReclaimSetup #LiquiditySweep #Crypto
🎯 🦈
Entry: 0.069895-0.069965 ⚡
Target: 0.07097 🚀
Stop Loss: 0.06944 ⚠️
📌 $INIT is showing relative strength near $0.06867 while $BTC drifts lower, but the structure still needs a reclaim of $0.06966. Until $0.07067 is taken out with volume, this is a confirmation trade, not a chase.
💡 The invalidation sits at $0.06944, so a failed reclaim keeps the larger downtrend in control. ⚡ Watch for $BTC stabilizing near $76,800 before expecting $INIT to break resistance cleanly. 💬 Are you waiting for the reclaim or taking the sweep lower?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ReclaimSetup #LiquiditySweep #Crypto
🎯 🦈