🌌 Finora AI Analysis - #INITUSDT #INIT $INIT #Binance 4h 🎯 Want better crypto trades? Try Finora: - 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......
Show original
224
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.