$INIT is collapsing—the breakdown below $0.11 has confirmed a massive crash toward $0.07, so open your short trades now! 📉🔴

💰 Entry: 0.1150 — 0.1250

🎯 TP1 : 0.0900

🎯 TP2 : 0.0800

🎯 TP3 : 0.0700

🛑 SL : 0.1300

I have analyzed $INIT ’s structure and it is currently trapped under a heavy descending resistance line, with the 200-day moving average sloping down aggressively. I am confirmed on this short because the 24-hour trading volume has dropped by 57%, signaling that there is no buying interest to support these levels. Technical indicators like the MACD and weekly RSI are both in deep bearish territory, and a break below the $0.068 local support will trigger a total freefall to $0.05. The "hype" has faded, and with sustained outflows, the path of least resistance is down.

INIT
INITUSDT
0.13376
+19.36%