Initia KursINIT

$INIT showing weakness after rejection from highs Go short on $INIT now 👈 INIT short setup (4h) Entry Zone: 0.1175 – 0.1200 Stop-Loss: 0.1275 Take Profit: TP1: 0.1125 TP2: 0.1080 TP3: 0.0975 TP4: 0.0890 Trade $INIT here 👇

$INIT is not moving quietly anymore. On the 4H chart, price exploded nearly 44% from the demand zone around 0.108 and printed aggressive wicks to the upside. That kind of volatility doesn’t happen without strong participation. Right now price is holding around 0.1206. The key level to watch is 0.108 – 0.110. As long as that zone holds, structure remains bullish. If buyers defend this area again, continuation toward 0.14 – 0.16 becomes realistic. Lose it, and we likely revisit deeper liquidity below. Momentum is strong, but candles are showing rejection near highs — which means smart money is either distributing or preparing for another expansion. Patience here matters more than FOMO. Are you buying the pullback or waiting for confirmation above recent highs?

$INIT Continuous upward momentum for last 3 days ⤴️ Anytime can explode and reach ATH 🚀 You should hold if you have enough fund ❗ $RIVER $SPACE

$INIT Here is a deep-dive technical analysis of INIT/USDT, analyzed through the lens of Market Structure, Candlestick Psychology, and the Double Purge Theory. Market Structure & Multi-Timeframe Analysis (MTF) The Macro View (4H): The first chart shows a textbook Parabolic Recovery. Price exploded from a low of $0.046** to a high of **$0.174, pushing deep into overbought territory (RSI 6 at 83.56). Currently, price is in a distribution phase after rejecting the high. We see the beginnings of a downtrend structure forming as price breaks below local supports. The Transition (1H/15M ): The second chart shows the "first move down" attempting to find support. The third chart confirms a bearish breakdown of the consolidation range. The SAR flips, and price slides toward the midline. The Immediate Picture (5M/15M): We are currently witnessing compression. The Bollinger Bands are tightening significantly (UB: 0.14310, LB: 0.13277). Price is hovering around the middle band, indicating indecision. However, the RSI has cooled down to a healthy 53.21, resetting the momentum. The "Double Purge Theory" Application The Double Purge Theory suggests that markets often make a sharp move to liquidate the "weak hand" traders (first purge), retrace to trap the counter-trend traders, and then make a final purge in the same direction to liquidate the latecomers before reversing. Here is how this applies to INIT/USDT: 1. The First Purge (Liquidation of Chasers): This occurred during the drop from the $0.156 - $0.174 zone down to $0.138. Aggressive breakout traders who bought the high were shaken out as price fell. 2. The Trap (The Calm Before the Storm): We are currently in the "Trap" phase (visible in the fourth chart). Price is moving sideways. Traders who shorted the bottom might be taking profits, while dip-buyers are entering. This consolidation builds liquidity. 3. The Second Purge (Stop Hunt): To complete the double purge, we should expect price to make a swift move. Given the overall trend is still positive (higher highs on the macro), this second purge could be a "Spring" (a move below the consolidation to hunt stops, followed by a reversal). Candlestick Patterns & Psychology · The Engulfing Rejection: The long upper wicks on the 4H and 1H candles near 0.156 show strong supply entering the market. Sellers are aggressively defending that zone. · The Inside Bar Consolidation: The recent candles are small and contained within the previous range. This represents a coiled spring. The breakout of these tiny candles (usually high volume) dictates the next major move. · Pinbar Potential: If we see a long lower wick form around the 0.13277 (LB) or slightly below, that would be a massive buy signal—it would represent the "Second Purge" failing to hold lower prices. Trade Plan (Using Double Purge Theory) Direction: Bullish Bias (Anticipating a "Spring" or Second Purge Washout before continuation). The Setup: We are looking for the market to shake out the remaining weak longs. This usually happens by breaking a recent low momentarily to trigger stop-losses before shooting back up. Entry Zone (The Trap): $0.1345 - $0.1370 · Reasoning: This is the lower half of the current consolidation. We do not buy at market; we set limit orders here. The Confirmation Trigger: Wait for price to potentially wick down to $0.1325 - $0.1330 (testing the Lower Bollinger Band or slightly below) and then immediately snap back. · Pattern to look for: A Hammer candle or a Bullish Engulfing on the 5M or 15M chart from that zone. Stop Loss (Below the Purge): $0.1315 · Reasoning: This is placed just below the recent swing low and the LB of the Bollinger. If price closes below this, the "purge" succeeded in breaking the structure to the downside, and the trade is invalid. Take Profit Targets: · TP1 (First Trap High): $0.1432 (Recent consolidation high/resistance). · TP2 (The Retest): $0.1483 (The SAR resistance). · TP3 (The Run): $0.1562 (24h High / Major Resistance). Summary of the Play: "We are looking for the 'Spring' within the consolidation. The market needs to purge the late shorts and the late longs in one final sweep below the range. If price taps into the 0.1325 zone and instantly recovers, that is our trigger to load up. If it holds above 0.1315, the path to 0.156 is clear."$INIT