🚨 $INIT Bearish Setup Alert | Short-Term Correction Incoming?

$INIT shows clear exhaustion after a strong impulsive rally. Price got rejected at the 0.100–0.104 resistance, forming lower highs — signaling a potential bearish pullback 📉

🔻 Short Zone: 0.0950 – 0.0980

🎯 Targets: 0.0920 → 0.0890 → 0.0850

❌ SL: Above 0.1045

📌 Bias: Bearish while below 0.104. A strong 1H close above resistance invalidates the setup.

⚠️ Scale out profits & manage risk smartly.

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INITUSDT

Perp

0.0841

-20.88%