$INIT Watching for Continuation Above $0.8800
INIT/USDT is trading at $0.8812, up by +40.54%. The price has recently pulled back after hitting a high of $0.8839. If the price holds above $0.8730, further upside could be possible. Watch for confirmation of the trend continuation.
Key Levels to Watch:
• Resistance: $0.8900 – If price pushes above this, we may see further upside toward $0.9000.
• Support: $0.8730 – If price stays above this level, the bullish trend could continue.
Trade Setup – Price Action Alert
Bullish Scenario:
• Entry: Above $0.8839
• TP1: $0.8900
• TP2: $0.9000
Bearish Scenario:
• Entry: Below $0.8730
• TP1: $0.8600
• TP2: $0.8500
Stop-Loss: Place stop-loss just below the support levels to manage risk.