$INIT /USDT BEARS GAIN CONTROL – DOWNSIDE PRESSURE LIKELY TO ACCELERATE
$INIT /USDT is under strong bearish pressure, trading below MA(7), MA(25), and MA(99). The MACD is negative with DIF below DEA, confirming that sellers dominate momentum. Short-term price action points to further declines toward key support levels.
Trade Setup
Entry Zone: 0.0918 – 0.0920 USDT
Take Profits:
TP1: 0.0905 USDT (first support)
TP2: 0.0895 USDT (secondary support)
Stop Loss: 0.0940 USDT (above MA(7) resistance)
Short Market Outlook
Momentum remains bearish across 15m, 1h, and 4h charts. The trend shows clear lower highs and lower lows, confirming sellers’ dominance. Immediate resistance is between 0.0920–0.0969 USDT, while critical supports are at 0.0905 and 0.0895 USDT. Any rebound is likely to be capped by selling pressure.
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