$INIT
SCENARIO A: SELL / SHORT SCALP (High Risk, High Reward)
This is for counter-trend traders.
- Trigger: Wait for a strong rejection in the $0.24 - $0.25777 area (24h high) + a bearish engulfing candle on the 15m/1H timeframe.
- Entry: $0.2350 - $0.2450
- TP1: $0.2050 (UP Bollinger 1H)
- TP2: $0.1797 (MB Bollinger 4H)
- SL: $0.2620 above the high
- Reason: RSI 1H is 91, price is outside the Bollinger Bands, and it's vulnerable to a long squeeze.
SCENARIO B: BUY / LONG ON RETEST (Safer)
This makes the most sense for the trend.
- DO NOT buy at $0.22 now.
- Wait for a healthy pullback to: $0.1797 - $0.18 (MB Bollinger 4H + psychological support)
- Or a second entry at $0.1255 (DN Bollinger 4H)
- TP: $0.23 - $0.257 - $0.28
- SL: $0.1650
- Reason: Buy when people are afraid, not when they're euphoric.
Remember: Vol $227M means a dump is possible.
Are you on team wait for a discount or team short the top? DYOR
#INIT #INITUSDT #CryptoAnalysis
SCENARIO A: SELL / SHORT SCALP (High Risk, High Reward)
This is for counter-trend traders.
- Trigger: Wait for a strong rejection in the $0.24 - $0.25777 area (24h high) + a bearish engulfing candle on the 15m/1H timeframe.
- Entry: $0.2350 - $0.2450
- TP1: $0.2050 (UP Bollinger 1H)
- TP2: $0.1797 (MB Bollinger 4H)
- SL: $0.2620 above the high
- Reason: RSI 1H is 91, price is outside the Bollinger Bands, and it's vulnerable to a long squeeze.
SCENARIO B: BUY / LONG ON RETEST (Safer)
This makes the most sense for the trend.
- DO NOT buy at $0.22 now.
- Wait for a healthy pullback to: $0.1797 - $0.18 (MB Bollinger 4H + psychological support)
- Or a second entry at $0.1255 (DN Bollinger 4H)
- TP: $0.23 - $0.257 - $0.28
- SL: $0.1650
- Reason: Buy when people are afraid, not when they're euphoric.
Remember: Vol $227M means a dump is possible.
Are you on team wait for a discount or team short the top? DYOR
#INIT #INITUSDT #CryptoAnalysis
