$INIT
Swing Recommendation - INIT/USDT (Futures):
1. Entry and Exit Points:
Suggested entry price: 0.8440
First target (TP1): 0.8890
Second target (TP2): 0.9330
Stop loss (SL): 0.8150
2. Technical Analysis:
The price is above the EMA 9, 21, and 50 averages on most time frames.
A clear breakout of the upper Bollinger followed by a return to channel support.
Good volume with RSI signals still within a positive range.
No strong resistance before 0.89–0.93.
3. Recommendation Rating:
Rating: 2 (Success rate 90%)
4. Entry Conditions:
Confirmation of a bullish candle on the 15-minute or hourly timeframe at 0.8460 with strong volume.
Prefer to enter after breaking resistance at 0.8480 with a strong candle.
5. Notes:
The trade is suitable as a swing for 1–3 days.
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