🔻 $INIT / USDT – BEARISH CONTINUATION SETUP 🔻

INITUSDT (Perp)

💰 Price: 0.0879

On the 1H timeframe, $INIT is showing clear rejection from the recent swing high, followed by a structure of lower highs and lower lows. Selling pressure is increasing after a failed recovery, confirming that bears remain in control.

The breakdown below short-term support strengthens the case for further downside continuation, especially if the supply zone holds.

🔹 Trade Setup (Short)

Entry Zone: 0.0890 – 0.0905

Targets:

• TP1: 0.0865

• TP2: 0.0838

• TP3: 0.0805

Stop Loss: 0.0935 ⚠️

💡 Maintain discipline, respect your stop, and manage risk carefully as bearish momentum develops.$INIT

INITUSDT

Perp

0.0862

-3.25%