$INIT BREAKOUT OR PULLBACK?
INIT/USDT is currently trading around $0.6715, showing mixed momentum after a sharp rejection. The next move will decide whether bulls regain control or sellers deepen the pullback.
Key Levels to Watch
• Resistance: $0.6800 – A breakout above this could push INIT toward $0.6900 and $0.7000.
• Support: $0.6650 – Losing this support may send INIT lower toward $0.6570 and $0.6450.
Trade Setup – Stay Sharp!
Bullish Entry: A confirmed move above $0.6800 could target:
• TP1: $0.6900
• TP2: $0.7000
Bearish Entry: A break below $0.6650 could target:
• TP1: $0.6570
• TP2: $0.6450
Stop-Loss: Use tight stops around $0.6630 for longs, and $0.6830 for shorts to manage risk smartly.