$INIT is showing strong bullish continuation after breaking out from a tight accumulation range. Buyers stepped in aggressively from the demand zone, pushing price above key averages with volume expansion. Despite minor volatility, structure remains bullish as long as price holds above reclaimed support.
Trade Setup: Buy
Entry: 0.0920 – 0.0975
TP1: 0.1020
TP2: 0.1080
TP3: 0.1150
SL: 0.0880
Manage risk carefully after a sharp impulse move and avoid chasing extended candles.
Do your own research before taking any trade.
INIT
0.0973
+1.35%