This $INIT/USDT long trade signal outlines a well-structured setup based on technical analysis. Here's a quick breakdown of the key elements:
Trade Summary
Entry: $0.7020
Stop Loss: $0.6880 (below the previous resistance/new support)
Target 1: $0.7280
Target 2: $0.7400
Target 3: $0.7510
Rationale: Breakout from resistance + increased volume + higher highs/lows = confirmation of uptrend
Key Technical Factors
Trend: Bullish (confirmed by structure)
Volume: Rising (suggests strong buying interest)
Support: $0.6880 (now turned support)
Resistance Levels: Minor at $0.7120, stronger at target levels
Risk Management Tip
Trail stop to breakeven after Target 1 is hit — smart move to protect capital and ride the trend.
