$INIT
🦊 CRAZY FOX | INIT/USDT 🔴 SHORT
🚨 Could a correction be approaching after the strong rally?
INIT has posted a notable rise, supported by increased trading volume. However, the price is now approaching an important resistance zone where profit-taking may occur.
📍 Conditional short plan:
🔴 Entry zone: 0.12720 – 0.12780
🎯 TP1: 0.12590
🎯 TP2: 0.12430
🎯 TP3: 0.12270
🛑 Stop loss: 0.12850
📊 Technical outlook:
Bullish momentum remains strong, so we’re waiting for a clear price rejection at resistance before considering a short.
⚠️ A break above 0.12850 and holding above it invalidates the bearish scenario.
🦊 CRAZY FOX
We don’t chase the price… we wait for the opportunity!
🔥 Follow me—you may find something here that helps with your next trade.
#INIT #SHORT #BinanceSquare #CrazyFox #CryptoTrading
🦊 CRAZY FOX | INIT/USDT 🔴 SHORT
🚨 Could a correction be approaching after the strong rally?
INIT has posted a notable rise, supported by increased trading volume. However, the price is now approaching an important resistance zone where profit-taking may occur.
📍 Conditional short plan:
🔴 Entry zone: 0.12720 – 0.12780
🎯 TP1: 0.12590
🎯 TP2: 0.12430
🎯 TP3: 0.12270
🛑 Stop loss: 0.12850
📊 Technical outlook:
Bullish momentum remains strong, so we’re waiting for a clear price rejection at resistance before considering a short.
⚠️ A break above 0.12850 and holding above it invalidates the bearish scenario.
🦊 CRAZY FOX
We don’t chase the price… we wait for the opportunity!
🔥 Follow me—you may find something here that helps with your next trade.
#INIT #SHORT #BinanceSquare #CrazyFox #CryptoTrading