$INIT /USDT BULLISH MOMENTUM IS BUILDING — ANOTHER LEG UP EXPECTED!
$INIT is showing strong bullish continuation on the 15-minute chart after rebounding from the $0.85 zone. Price action is creating higher lows and recently retested the $0.90 level as support. With a breakout above local resistance at $0.95, we could see a sharp move toward the $1.00 psychological level.
Trade Setup:
Long Entry: $0.89 – $0.91
Take Profit (TP): $0.95 / $0.98 / $1.00
Stop Loss (SL): $0.86
Market Outlook:
INIT remains one of today’s top gainers, up over 50%. With strong volume support and bullish structure, continuation looks likely as long as $0.86 holds as support. Scalpers and momentum traders can eye quick profits on breakout levels.
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