$INIT Short Setup – Rejection Confirmed!
Entry: 0.11080 – 0.11120
SL: 0.11410
TP: 0.10820 – 0.10485 – 0.10150
INIT pumped to 0.11422 but is now rejecting from the top. Sellers are stepping in, and if 0.10820 breaks, the next levels on the radar are 0.10485 and eventually 0.10150. A sustained reclaim above 0.11410 would invalidate the short setup.
Entry: 0.11080 – 0.11120
SL: 0.11410
TP: 0.10820 – 0.10485 – 0.10150
INIT pumped to 0.11422 but is now rejecting from the top. Sellers are stepping in, and if 0.10820 breaks, the next levels on the radar are 0.10485 and eventually 0.10150. A sustained reclaim above 0.11410 would invalidate the short setup.
