$INIT /USDT – Momentum Building for Breakout! 🚀
$INIT is heating up again, currently trading at $0.5390 with a +14.34% daily gain. After recovering from the $0.4671 low, it has pushed through a consolidation range and is eyeing a retest of the $0.5920 high. The bullish structure on the 30m chart suggests strength returning with volume building gradually.
Support: $0.5200
Resistance: $0.5920
Trade Setup:
• Entry Zone: $0.5280 – $0.5380
🎯 TP1: $0.5600
🎯 TP2: $0.5800
🎯 TP3: $0.6100
• Stop Loss: $0.5130
Pro Tip: If price reclaims and closes above $0.5400 on a strong candle, momentum could drive a quick breakout rally toward the previous high and beyond.
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