$INIT 🔻💥 INIT/USDT – FROM CLIMAX TO COMEBACK? 💥🔻
After the Flash Spike, Is INIT Preparing a Hidden Reversal? 🧐⚡
📍 Current Price: $0.4973
📉 24H Change: -2.81%
🔼 24H High/Low: $0.5924 / $0.4875
📊 Volume (24H): 144.26M INIT
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📊 1-Hour Chart Insights (Decoded Like a Pro) 🧬🔍
🟥 Price Action:
Brutal rejection at $0.5921 🔺
Now retesting EMA99 ($0.4958) – critical pivot zone
Wick support at $0.4882 shows dip demand 🧲
🟡 MACD:
Histogram shrinking, bears weakening 🐻
MACD lines near crossover zone – eye on reversal candle 📉🔄
🟠 RSI:
Dropped to oversold territory (~23%) – potential bounce?
First recovery candle could trigger panic buys ⚠️
🟢 Stochastic RSI:
Super low + turning up = early bounce radar ON 📡
Bullish divergence likely forming
🟣 OBV:
Falling = exit pressure, but flattening — potential accumulation phase 🍃
Watch next volume candle for hint of direction
🔵 Bollinger Band:
Price touched lower band = classic mean reversion setup 💫
#MemecoinSentiment ---
💣 FUTURES TRADING STRATEGY – CLEAN + HIGH PROBABILITY 💣
🎯 Setup: Reversal Scalper (Short-Term Opportunity Sniper)
💥 Leverage: 3x–5x MAX
#USCryptoWeek ---
🔹 LONG ENTRY PLAN (Reversal Play)
📍 Entry Zone: $0.4920 – $0.4970
📍 Trigger: Bullish engulfing candle + MACD green dot
🎯 TP1: $0.5090 (EMA25 resistance)
🎯 TP2: $0.5220 (mid-range reclaim)
🛡️ SL: $0.4860 (just below wick support)
✅ Confirmation Checklist:
MACD turns green 🔄
RSI climbs above 30
OBV flattens or rises
Candle closes above EMA99
#BTC120kVs125kToday ---
🔻 SHORT PLAN (IF BREAKDOWN CONTINUES)
📍 Entry: Below $0.4860 with volume
🎯 TP: $0.4720 – $0.4600
🛡️ SL: $0.4980
#Initia ---
⚡ VIBES CHECK
INIT just faced a harsh selloff, but the oversold signs are ringing loud 🛎️📉. Whether it bounces hard or bleeds more, smart traders play the reaction — not the emotion 🎯
#INIT $INIT