INIT short on Binance Square, price holding the lower edge of the order block at 45.12, ready to flip. CHoCH just broke the bullish swing, confirming the entry.
🔴 $INIT SHORT 📉 — Trade Plan
• Entry: $0.122807 – $0.123053
• Stop: $0.126618 (-3.0%)
• Target 1: $0.121086 (+1.5%)
• Target 2: $0.116783 (+5.0%)
• R/R 1:1.7 | Confidence 65%
A CHoCH broke the higher swing, CVD turned negative and volume spikes confirm sell pressure. The price sits inside a fair value gap that overlaps the order block, creating a POI with strong supply. With R/R 1:1.7, the target sits near 44.20, well below the 3 % stop.
A 3.0% stop is tight, so limit leverage to 2‑3x.
Scale out half at the first target around 44.70.
As always: manage your risk, this is not financial advice 🙏
$INIT #INITUSDT #Initia #TradingSignals #Write2Earn
🔴 $INIT SHORT 📉 — Trade Plan
• Entry: $0.122807 – $0.123053
• Stop: $0.126618 (-3.0%)
• Target 1: $0.121086 (+1.5%)
• Target 2: $0.116783 (+5.0%)
• R/R 1:1.7 | Confidence 65%
A CHoCH broke the higher swing, CVD turned negative and volume spikes confirm sell pressure. The price sits inside a fair value gap that overlaps the order block, creating a POI with strong supply. With R/R 1:1.7, the target sits near 44.20, well below the 3 % stop.
A 3.0% stop is tight, so limit leverage to 2‑3x.
Scale out half at the first target around 44.70.
As always: manage your risk, this is not financial advice 🙏
$INIT #INITUSDT #Initia #TradingSignals #Write2Earn