$INIT The image you've shared appears to be a trading setup for the cryptocurrency
$INIT . Here's a breakdown of the key points:
*Trading Setup:*
- *Pair:*
$INIT (no specific pair mentioned, possibly
$INIT /USDT)
- *Entry Zone:* $0.3870 - $0.3975
- *Take-Profit Targets:*
- Target 1: $0.4150
- Target 2: $0.4320
- *Stop Loss:* Below $0.3750
*Current Market Data:*
- *Current Price:* $0.3975
- *Recent Low:* $0.3487
- *Volume:* Solid, indicating strong momentum
*Analysis:*
The setup suggests a long position, indicating an expectation that the price of will increase. The entry zone is between $0.3870 and $0.3975, with two take-profit targets set at $0.4150 and $0.4320. The stop loss is set below $0.3750 to limit potential losses.
The market insight suggests a strong V-shaped recovery on the 4H chart, with multiple green candles forming back-to-back. A close above $0.4050 could confirm a trend shift, indicating further upside potential.
#InItForTheTech #BTCWhaleMovement #InitiaTestnet #TruthSocialCryptoBlueChipETF #OneBigBeautifulBill $INIT