🔴 $INIT /USDT — SHORT SIGNAL
Entry Zone: 0.1170 – 0.1190
Stop Loss (SL): 0.1240
Take Profit Targets:
* TP1: 0.1140
* TP2: 0.1110
* TP3: 0.1080
Trade here $INIT
Analysis:
* Price down 10.77% in 24 hours, showing strong selling pressure.
* Rejected from the 0.1340 high.
* Sellers currently have the upper hand.
* Price approaching support around 0.1080.
* A weak bounce may provide another short opportunity.
Confirmation:
* 1H candle closes below 0.1160.
* Increased selling volume confirms bearish momentum.
* Avoid entering if price strongly reclaims 0.1200.
Risk-to-Reward: Approximately 1:0.43 to TP1, 1:0.86 to TP2, and 1:1.57 to TP3 (using 0.1180 entry and 0.1240 SL).
⚠️ Wait for confirmation. Do not chase the breakdown; keep position size controlled.
#INIT #INITUSDT #CryptoSignals #ShortSignal #BinanceFutures
Entry Zone: 0.1170 – 0.1190
Stop Loss (SL): 0.1240
Take Profit Targets:
* TP1: 0.1140
* TP2: 0.1110
* TP3: 0.1080
Trade here $INIT
Analysis:
* Price down 10.77% in 24 hours, showing strong selling pressure.
* Rejected from the 0.1340 high.
* Sellers currently have the upper hand.
* Price approaching support around 0.1080.
* A weak bounce may provide another short opportunity.
Confirmation:
* 1H candle closes below 0.1160.
* Increased selling volume confirms bearish momentum.
* Avoid entering if price strongly reclaims 0.1200.
Risk-to-Reward: Approximately 1:0.43 to TP1, 1:0.86 to TP2, and 1:1.57 to TP3 (using 0.1180 entry and 0.1240 SL).
⚠️ Wait for confirmation. Do not chase the breakdown; keep position size controlled.
#INIT #INITUSDT #CryptoSignals #ShortSignal #BinanceFutures
