🌌 Finora AI Analysis - #INITUSDT #INIT $INIT #Binance 4h
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- I expect INITUSDT to continue its bearish trend for now and potentially set a new swing low before any meaningful reversal.
- The best trade setup is to wait for price to either:
- Retrace into the 0.3177-0.3406 resistance zone and show bearish confirmation for a short towards new lows.
- Or, for a high-risk long, watch for a clear manipulation below the forming swing low; enter only if there’s a sharp bounce with strong bullish confirmation (such as a 4h bullish engulfing or lower timeframe reversal after a liquidity grab).
- If price breaks and closes above 0.3406 (with a higher high and structure shift), my bias would flip to bullish and I’d look for long setups targeting 0.3595 and then 0.3978.
- For now, trend is down, so short setups are favored until proven otherwise.
📝 This is not investment advice, just an educational analysis report! Always wait for your confir...
⚠️ This is an automated post and not financial advice.
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