🔴 $INIT /USDT – SHORT SIGNAL
Trade Plan:
Direction: SHORT 📉
Entry: $0.2500 – $0.2580
Stop Loss (SL): $0.2720
Take Profit Targets:
TP1: $0.2380
TP2: $0.2250
TP3: $0.2100
Trade here $INIT
Analysis:
Massive +23.89% pump indicates high volatility.
Strong rejection from $0.3319 resistance.
Price pulling back after a sharp rally.
Short-term selling pressure emerging.
Profit-taking may trigger further downside.
Losing $0.2400 could accelerate bearish momentum.
Confirmation: Wait for a clean breakdown below $0.2400 with strong selling volume before entering.
Risk-to-Reward: Approximately 1:0.9 (TP1), 1:1.6 (TP2), 1:2.4 (TP3), using the midpoint entry.
⚠️ Avoid chasing the trade. Wait for confirmation and manage risk carefully.
#INIT #INITUSDT #CryptoShort #BinanceFutures #AltcoinTrading
Trade Plan:
Direction: SHORT 📉
Entry: $0.2500 – $0.2580
Stop Loss (SL): $0.2720
Take Profit Targets:
TP1: $0.2380
TP2: $0.2250
TP3: $0.2100
Trade here $INIT
Analysis:
Massive +23.89% pump indicates high volatility.
Strong rejection from $0.3319 resistance.
Price pulling back after a sharp rally.
Short-term selling pressure emerging.
Profit-taking may trigger further downside.
Losing $0.2400 could accelerate bearish momentum.
Confirmation: Wait for a clean breakdown below $0.2400 with strong selling volume before entering.
Risk-to-Reward: Approximately 1:0.9 (TP1), 1:1.6 (TP2), 1:2.4 (TP3), using the midpoint entry.
⚠️ Avoid chasing the trade. Wait for confirmation and manage risk carefully.
#INIT #INITUSDT #CryptoShort #BinanceFutures #AltcoinTrading
