🔴 $INIT HITS A BRICK WALL AT RESISTANCE AS BEARS EYE A CLEAN REJECTION! 📉
Entry: 0.12600 - 0.12640 ⚡
Target: 0.12400 / 0.12229 / 0.12000 🎯
Stop Loss: 0.12822 🛑
📌 Buyers are visibly stalling directly below the heavy 0.12822 supply ceiling despite grinding up 0.99% on the session. Order book bids are thinning out, hinting at buyer exhaustion right at range highs.
📊 A confirmed loss of the 0.12600 shelf unlocks an immediate liquidity slide down toward the 0.12000 base. Any clean reclaim above 0.12822 completely invalidates the setup, keeping our downside exposure strictly defined.
💬 Are you front-running the rejection here, or waiting for 0.12600 to crack first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #CryptoTrading #PriceAction
🎯 🐻
Entry: 0.12600 - 0.12640 ⚡
Target: 0.12400 / 0.12229 / 0.12000 🎯
Stop Loss: 0.12822 🛑
📌 Buyers are visibly stalling directly below the heavy 0.12822 supply ceiling despite grinding up 0.99% on the session. Order book bids are thinning out, hinting at buyer exhaustion right at range highs.
📊 A confirmed loss of the 0.12600 shelf unlocks an immediate liquidity slide down toward the 0.12000 base. Any clean reclaim above 0.12822 completely invalidates the setup, keeping our downside exposure strictly defined.
💬 Are you front-running the rejection here, or waiting for 0.12600 to crack first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #INIT #ShortSetup #CryptoTrading #PriceAction
🎯 🐻