$INIT โ Rejection holding, downside pressure building ๐
Momentum fading after resistance tap, sellers in control.
๐ Move SL to breakeven to protect gains
#Crypto #ShortUpdate #Trading #Altcoins #RiskManagement
INITUSDT
Perp
0.09236
+5.30%
Post
--Bearish
$INIT โ Rejection building near resistance, momentum slowing down โ ๏ธ
Trading Plan: Short $INIT (max 10x)
๐น Entry: 0.0926 โ 0.0974
๐น Stop Loss: 0.103
๐น Targets:
โก๏ธ 0.0860
โก๏ธ 0.0790
โก๏ธ 0.0720
Price has pushed into the resistance zone but the strength isnโt there anymore. Each move up is getting weaker, showing clear signs of exhaustion. When price starts stalling like this at the top, it usually means sellers are stepping in and a pullback becomes more likely ๐
Keep risk managed and donโt chase โ let the setup come to you.
Trade $INIT here ๐
#CryptoTrading #ShortSetup #TradingPlan #RiskManagement #Altcoins
{future}(INITUSDT)
Trading Plan: Short $INIT (max 10x)
๐น Entry: 0.0926 โ 0.0974
๐น Stop Loss: 0.103
๐น Targets:
โก๏ธ 0.0860
โก๏ธ 0.0790
โก๏ธ 0.0720
Price has pushed into the resistance zone but the strength isnโt there anymore. Each move up is getting weaker, showing clear signs of exhaustion. When price starts stalling like this at the top, it usually means sellers are stepping in and a pullback becomes more likely ๐
Keep risk managed and donโt chase โ let the setup come to you.
Trade $INIT here ๐
#CryptoTrading #ShortSetup #TradingPlan #RiskManagement #Altcoins
{future}(INITUSDT)
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