INIT short looks ready as price snaps below the last swing low, targeting the next liquidity pool.
🔴 $INIT SHORT 📉 — Trade Plan
• Entry: $0.136983 – $0.137257
• Stop: $0.141234 (-3.0%)
• Target 1: $0.135063 (+1.5%)
• Target 2: $0.130264 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH broke market structure, CVD spiked bearish, and the FVG aligns with the OB on the 1h chart. The liquidity sweep cleared the lower zone, creating a POI where the OB and FVG overlap.
The 3.0% stop is tight, so use no more than 5x leverage.
Take half profit at the first target around 1.7 R.
Not financial advice — trade only what you can afford to lose 🙏
$INIT #INITUSDT #THORChain #TradingSignals #Write2Earn
🔴 $INIT SHORT 📉 — Trade Plan
• Entry: $0.136983 – $0.137257
• Stop: $0.141234 (-3.0%)
• Target 1: $0.135063 (+1.5%)
• Target 2: $0.130264 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A CHoCH broke market structure, CVD spiked bearish, and the FVG aligns with the OB on the 1h chart. The liquidity sweep cleared the lower zone, creating a POI where the OB and FVG overlap.
The 3.0% stop is tight, so use no more than 5x leverage.
Take half profit at the first target around 1.7 R.
Not financial advice — trade only what you can afford to lose 🙏
$INIT #INITUSDT #THORChain #TradingSignals #Write2Earn