$INIT /USDT Perp – "Breakdown Below Averages – Short"**


**Trading Plan Short $INIT
Entry: 0.0603 – 0.0605
SL: 0.0615
TP1: 0.0586
TP2: 0.0575

INIT is flat at 0.06002, rejecting below the 0.06027 Middle Band after the 0.06228 high. MACD is turning bearish. TP targets the 0.05867 Lower Band. SL above 0.0615.
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INIT2.08%
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SpotStacker
· an hour ago
Setting TP2 at 0.0575 is a bit aggressive, but MACD has indeed turned; let’s target TP1 first.
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DCA_Marathon
· an hour ago
Setting the SL at 0.0615 keeps risk manageable, but INIT liquidity is average, so watch the slippage.
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