🚨 $INIT USDT: -37% IN 24H, AFTER THE SURGE, THE CORRECTION HITS! 📉
After reaching a high of 0.22591 USDT, INIT underwent a sharp correction down to 0.10958 USDT.
Currently around 0.13668 USDT, the price is attempting a technical rebound. On the 15-minute chart, the RSI(6) at around 59 shows buyers are returning, but volume is starting to decline.
🔴 SHORT SCENARIO TO WATCH
- Entry zone: 0.1390–0.1410 USDT, after confirmation of a rejection
- TP1: 0.1326 USDT
- TP2: 0.1243 USDT
- TP3: 0.1160 USDT
- Stop-loss: 0.1440 USDT
After reaching a high of 0.22591 USDT, INIT underwent a sharp correction down to 0.10958 USDT.
Currently around 0.13668 USDT, the price is attempting a technical rebound. On the 15-minute chart, the RSI(6) at around 59 shows buyers are returning, but volume is starting to decline.
🔴 SHORT SCENARIO TO WATCH
- Entry zone: 0.1390–0.1410 USDT, after confirmation of a rejection
- TP1: 0.1326 USDT
- TP2: 0.1243 USDT
- TP3: 0.1160 USDT
- Stop-loss: 0.1440 USDT
