$INIT /USDT Bull run alert 🔥 💯
BULLISH RELIEF BOUNCE SETUP – SHORT-TERM UPSIDE EXPECTED!
$INIT has shown signs of exhaustion after a heavy sell-off and is now attempting a relief bounce from the support zone. The price is holding above the minor horizontal level, indicating that bulls may push for a short-term recovery towards the next resistance.
Trade Setup:
Entry Zone: 0.670 – 0.680
Take Profit (TP): 0.779
Stop Loss (SL): 0.608
Market Outlook:
INIT is positioning for a corrective move after sustained downside pressure. If buying momentum increases, a quick pump towards the resistance is likely. However, caution is advised due to the overall bearish trend — manage risk carefully.
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buy and trade here on $INIT