$INIT Strong Bullish Momentum Surges Above The Mark Point 💯📈🚀
$INIT just exploded by +202.7%, surging from $0.20 to a $0.71 high, backed by massive volume (153.36M USDT). After such parabolic action, it's cooling off around $0.61, likely entering a consolidation phase before the next move up.
Trade Setup:
Entry Zone: $0.5800 – $0.6150 (wait for consolidation or dip buy)
Targets:
$0.6700
$0.7100
$0.8000 (extension)
Stop-Loss: Below $0.5400 (protecting short-term structure)
Key Levels:
Support: $0.5800 / $0.5100
Resistance: $0.6700 / $0.7100
Pivot: $0.6150
Pro Tip:
Avoid chasing after a +200% run. Let price stabilize—ideal entry is on a pullback to $0.58–$0.60 with decreasing sell volume. Watch for bullish continuation on the reclaim of $0.67. Use tight stops as volatility is high.
Buy and trade here on $INIT!
#BinanceAlphaAlert #BTCvsMarkets #TrumpVsPowell #USStockDrop #USChinaTensions