$INIT โ SHORT SETUP ๐ป
Price pushed higher recently, but underlying flows suggest potential distribution as volatility increases around the current zone.
Entry: 0.0978 โ 0.1080 ๐ฅ
Target 1: 0.090 ๐ฏ
Target 2: 0.086 ๐ฏ
Target 3: 0.071+ ๐ฏ
SL: 0.1788 ๐ซ
Despite recent bullish price action, inflow/outflow fluctuations show periods of strong token outflows, indicating potential selling pressure building in the background. If the entry zone rejects, the structure could favor a pullback toward lower support levels.
Disclaimer: Trading involves risk.
INITUSDT
Perp
0.0939
+3.44%