๐ $INIT usdt BULLISH Futures Trade signal โ Breakout or Blowoff? Letโs Dive In!
๐น Current Price: $0.8827 (+14.03%)
๐น Timeframe: 15M
๐น Indicators: MA(7, 25, 99)
---
๐ Market Breakdown:
1๏ธโฃ Explosive Move: Price surged from $0.65 to $0.91, showing strong bullish momentum.
2๏ธโฃ MA Confluence: 7MA > 25MA > 99MA โ a clear uptrend structure.
3๏ธโฃ Breakout Level: Recent high at $0.9188 might act as short-term resistance.
4๏ธโฃ Healthy Volume: Rising volume supports the move, suggesting trend continuation.
5๏ธโฃ Pullback Zone: If it cools off, $0.8120 could act as a solid support.
---
๐ Futures Trade Setup:
โ Entry: Long above $0.8840 (Break and Hold confirmation)
โ Target 1: $0.9180 (Local Resistance)
โ Target 2: $0.9320 (Psychological Round Level)
โ Stop Loss: $0.8120 (Below 25MA and structure support)
๐ธ Risk-Reward: Approx. 1:2.5
๐ธ Leverage: 5xโ10x (Adjust based on your risk appetite)
---
๐ฅ Bulls are charging โ but is the rally sustainable? Drop your thoughts below!
