🔻 $INIT USDT Perp – Short Setup
Entry Zone: 0.14800 – 0.15500
Target 1: 0.14699 (MA25 support)
Target 2: 0.12000
Stop Loss: 0.16500
Why Short?
· Sharp rejection and heavy sell-off after peaking at 0.25777
· Downtrend at -21.56%
· Price aggressively breaking below MA(7): 0.18777 and currently testing MA(25): 0.14699, with large red candles indicating strong bearish momentum and a confirmed reversal
Key Levels:
🔴 Resistance: 0.16500
🟢 Support: 0.14699 → 0.12000
#INIT #Trading #ShortSignal #Crypto #Binance
$INIT
Entry Zone: 0.14800 – 0.15500
Target 1: 0.14699 (MA25 support)
Target 2: 0.12000
Stop Loss: 0.16500
Why Short?
· Sharp rejection and heavy sell-off after peaking at 0.25777
· Downtrend at -21.56%
· Price aggressively breaking below MA(7): 0.18777 and currently testing MA(25): 0.14699, with large red candles indicating strong bearish momentum and a confirmed reversal
Key Levels:
🔴 Resistance: 0.16500
🟢 Support: 0.14699 → 0.12000
#INIT #Trading #ShortSignal #Crypto #Binance
$INIT
