🔴 $INIT /USDT · Bias: SHORT
A short bias needs a failed push above 0.1824 to confirm the supply band holds on a retest.
Entry: 0.1799 – 0.1824
TP1: 0.176 (-2.8%)
TP2: 0.1725 (-4.8%)
TP3: 0.169 (-6.7%)
SL: 0.1861 (+2.7%)
Why: If price probes 0.1824 and closes back under 0.1799, watch for a failed retest before considering the short.
Risk: A sustained reclaim of 0.1824 would weaken the short thesis and raise bounce risk.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
What would invalidate the fade for you at 0.1824?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
A short bias needs a failed push above 0.1824 to confirm the supply band holds on a retest.
Entry: 0.1799 – 0.1824
TP1: 0.176 (-2.8%)
TP2: 0.1725 (-4.8%)
TP3: 0.169 (-6.7%)
SL: 0.1861 (+2.7%)
Why: If price probes 0.1824 and closes back under 0.1799, watch for a failed retest before considering the short.
Risk: A sustained reclaim of 0.1824 would weaken the short thesis and raise bounce risk.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
What would invalidate the fade for you at 0.1824?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. Image includes referral code 40189158.
