🚨 $INIT REJECTS PREMIUM LIQUIDITY AT $0.0700 AS INSTITUTIONAL SELLERS STEP IN! 📉
Entry: 0.0665 - 0.0672 ⚡
Target: 0.0655 - 0.0631 🎯
Stop Loss: 0.0679 ⚠️
📌 A sharp rejection at the 0.0700 psychological level confirms heavy supply overhang, with price aggressively breaking back below the 0.0670 structural pivot. 📉 Sellers are absorbing bids on lower timeframes, accelerating downside momentum into open inefficiency below.
🔍 As long as price remains capped below this premium supply zone, the path of least resistance favours expansion toward sell-side liquidity pools. 💬 Are you positioning for this breakdown or waiting for a relief retest into resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #MarketStructure #Crypto #Trading
🔴 📉
Entry: 0.0665 - 0.0672 ⚡
Target: 0.0655 - 0.0631 🎯
Stop Loss: 0.0679 ⚠️
📌 A sharp rejection at the 0.0700 psychological level confirms heavy supply overhang, with price aggressively breaking back below the 0.0670 structural pivot. 📉 Sellers are absorbing bids on lower timeframes, accelerating downside momentum into open inefficiency below.
🔍 As long as price remains capped below this premium supply zone, the path of least resistance favours expansion toward sell-side liquidity pools. 💬 Are you positioning for this breakdown or waiting for a relief retest into resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #MarketStructure #Crypto #Trading
🔴 📉
