$INIT /USDT Trade Signal - Breakout Alert!
The INIT/USDT pair is showing strong bullish momentum with a +18.80% gain, currently trading at $0.7709. Price has recently tested a high of $0.7880, indicating breakout strength.
Key support formed at $0.6200, which sparked the rally with high volume confirmation.
Technical Highlights:
• MA(7) > MA(25) > MA(99) = Bullish crossover
• Volume spike supports trend continuation
• Price bouncing off 7MA after pullback — a classic entry zone
Long Entry: $0.7550–$0.7700
Target: $0.8000 / $0.8350
Stop Loss: $0.7220
Short Entry (if rejected from $0.7880): $0.7600
Target: $0.7150
Stop Loss: $0.7850
Trend favors bulls — watch for a retest and breakout above $0.7880 for continuation. Trade safely and manage risk!
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