$INIT
/USDT Perp: Pump & Dump Alert ⚠️
INIT ripped from 0.12 to 0.30 in ~2 days on huge volume, then got rejected hard: double top at 0.30, long upper wicks on 1D/1W, price now ~0.18. News flow (network halt after a security incident) makes this pump look speculative.
📉 Bias: short pullbacks into 0.19–0.20, SL above 0.21, targets 0.16 → 0.145.
📈 Long scalp only if 0.17 holds with a green 15m/1H close.
🚫 Lose 0.16 and 0.12–0.13 is in play.
Low leverage, strict SL.
Not financial advice.
#INIT #Initia
/USDT Perp: Pump & Dump Alert ⚠️
INIT ripped from 0.12 to 0.30 in ~2 days on huge volume, then got rejected hard: double top at 0.30, long upper wicks on 1D/1W, price now ~0.18. News flow (network halt after a security incident) makes this pump look speculative.
📉 Bias: short pullbacks into 0.19–0.20, SL above 0.21, targets 0.16 → 0.145.
📈 Long scalp only if 0.17 holds with a green 15m/1H close.
🚫 Lose 0.16 and 0.12–0.13 is in play.
Low leverage, strict SL.
Not financial advice.
#INIT #Initia
