$INIT market structure setup (Short)
Grade: 🏠 Home Run
The +8.55% shift has not triggered defensive OI reduction — conviction holds. Volume signature at 1.99x typical is consistent with trend continuation.
Structure: Range-bound structure
This pair stands out today with a 8.5% move on the Binance Futures board.
Entry: 0.085486 - 0.087733
Support/Resistance: 0.08783 | 0.079754
Targets:
🎯 TP1: 0.08262 (+4.61%)
🎯 TP2: 0.079754 (+7.91%)
🎯 TP3: 0.076213 (+12.00%)
❌ Invalidation: Above 0.088996
Use the chart widget below to enter this setup 📊
#init #cryptotrading