📊 Market Outlook

Overbought Status: The 6-period and 12-period RSI indicators are currently in the overbought range, suggesting that prices may enter a consolidation phase or experience a pullback in the short term.

📉 Trade Setup – $INIT

🧭 Direction: SHORT

🎯 Entry Range: $0.0958 – $0.0970

💰 Take Profit

• TP1: $0.0948

• TP2: $0.0935

• TP3: $0.0922

🛑 Stop Loss: $0.0992

👇👇👇 Short now $INIT

INITUSDT

Perp

0.0849

-3.95%