$INIT /USDT – SHORT SIGNAL 🔴
Trade Plan:
Entry: $0.2400 – $0.2480
Stop Loss (SL): $0.2650
Take Profit Targets:
TP1: $0.2300
TP2: $0.2150
TP3: $0.2000
Trade here $INIT
Analysis:
Strong rejection from $0.3950 high.
Price dropped significantly from the 24h peak.
Current price $0.24095 shows recovery after a sharp fall.
High volatility indicates selling pressure risk.
Resistance around $0.2500–$0.2650.
Bearish continuation possible if support breaks.
Confirmation:
Rejection near $0.2480–$0.2500.
A clean 15m/1h candle close below $0.2350 can confirm bearish momentum.
Avoid shorting if price reclaims $0.2650.
Risk-to-Reward:
Approx. 1:1 to TP1, 1:2 to TP2, and 1:3 to TP3 (depending on entry).
⚠️ Wait for confirmation. High volatility means tight risk management is essential.
#INIT #INITUSDT #BinanceFutures #CryptoSignals #ShortSetup
Trade Plan:
Entry: $0.2400 – $0.2480
Stop Loss (SL): $0.2650
Take Profit Targets:
TP1: $0.2300
TP2: $0.2150
TP3: $0.2000
Trade here $INIT
Analysis:
Strong rejection from $0.3950 high.
Price dropped significantly from the 24h peak.
Current price $0.24095 shows recovery after a sharp fall.
High volatility indicates selling pressure risk.
Resistance around $0.2500–$0.2650.
Bearish continuation possible if support breaks.
Confirmation:
Rejection near $0.2480–$0.2500.
A clean 15m/1h candle close below $0.2350 can confirm bearish momentum.
Avoid shorting if price reclaims $0.2650.
Risk-to-Reward:
Approx. 1:1 to TP1, 1:2 to TP2, and 1:3 to TP3 (depending on entry).
⚠️ Wait for confirmation. High volatility means tight risk management is essential.
#INIT #INITUSDT #BinanceFutures #CryptoSignals #ShortSetup
