A massive 97% pump in 24 hours is just a trap for FOMO buyers—the top is officially in on $INIT ! 🐻
Do not chase this parabolic move. Here is my exact Short setup to ride the inevitable dump. 👇
🔴 Short Setup
📌 Entry → $0.25000 - $0.26000
🎯 TP1 → $0.22000 (-14.0%)
🎯 TP2 → $0.16000 (-37.0%)
✅ Final Target → $0.11000 (-56.8%)
⛔ SL → $0.35000 (+37.4%)
🙇 Plan: Once TP1 hits, close 50% of your position and move the Stop Loss straight to entry. The rest runs completely risk-free!
💪 Why I'm taking this: INIT went absolutely vertical, printing a near 100% candle. But look at the chart now—the price is rejecting hard from the top at $0.28800, printing a red candle. The most alarming signal is the order book: a massive 72.11% ask-side dominance! Sellers are aggressively defending this top. When low-cap coins pump this fast, it's a classic liquidity trap. The smart money is distributed while retail buys the top.
⚠️ One thing to respect: Shorting a freshly pumped coin is extremely dangerous due to insane volatility. If the bulls find a second wind and break above $0.35000, the bears are dead. Use strict risk management and ALWAYS respect the stop loss!
$INIT #CryptoTrading #tradesetup
Do not chase this parabolic move. Here is my exact Short setup to ride the inevitable dump. 👇
🔴 Short Setup
📌 Entry → $0.25000 - $0.26000
🎯 TP1 → $0.22000 (-14.0%)
🎯 TP2 → $0.16000 (-37.0%)
✅ Final Target → $0.11000 (-56.8%)
⛔ SL → $0.35000 (+37.4%)
🙇 Plan: Once TP1 hits, close 50% of your position and move the Stop Loss straight to entry. The rest runs completely risk-free!
💪 Why I'm taking this: INIT went absolutely vertical, printing a near 100% candle. But look at the chart now—the price is rejecting hard from the top at $0.28800, printing a red candle. The most alarming signal is the order book: a massive 72.11% ask-side dominance! Sellers are aggressively defending this top. When low-cap coins pump this fast, it's a classic liquidity trap. The smart money is distributed while retail buys the top.
⚠️ One thing to respect: Shorting a freshly pumped coin is extremely dangerous due to insane volatility. If the bulls find a second wind and break above $0.35000, the bears are dead. Use strict risk management and ALWAYS respect the stop loss!
$INIT #CryptoTrading #tradesetup
