Guys, $INIT is at a very important point right now, and I'm taking a short here 🚨
TP: 0.160-0.100
Invalidation: 0.340
Price is inside the supply zone for the second time, and it is already showing a reaction. When price comes back to the same zone and reacts again, that tells me sellers are still defending it.
My plan is simple. If price keeps holding below the 0.300 zone, I expect a dump from here. And if the demand zone at 0.200 reacts on the way down, I'll take partials there and stay patient with the rest ❗️
Patience matters on a move like this one, so I'm letting price come to me 💯
TP: 0.160-0.100
Invalidation: 0.340
Price is inside the supply zone for the second time, and it is already showing a reaction. When price comes back to the same zone and reacts again, that tells me sellers are still defending it.
My plan is simple. If price keeps holding below the 0.300 zone, I expect a dump from here. And if the demand zone at 0.200 reacts on the way down, I'll take partials there and stay patient with the rest ❗️
Patience matters on a move like this one, so I'm letting price come to me 💯
