$INIT INIT/USDT 🚀 – HUGE BOUNCE ALERT!
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📈 Price Snapshot:
Current Price: $0.7865
24h High: $0.7988 📈
24h Low: $0.6171 📉
24h Change: +21.67% 🟢
24h Volume: 81.90M INIT & 56.63M USDT 💰
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🕒 1-Hour Chart Highlights:
Moving Averages (MA):
MA(7): 🟡 0.7249
MA(25): 🔴 0.6756
MA(99): 🟣 0.7730
Recent High: 🚀 $0.7988
Support Zone: 🛡️ $0.6730 - $0.6750
Trend: 📈 Breakout momentum strong! Possible continuation.
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🎯 Trading Plan
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🛒 SPOT Strategy (Low Risk):
✅ Entry Zone:
💸 $0.6750 - $0.6850
🎯 Targets:
TP1: $0.7500
TP2: $0.8000
🛑 Stoploss:
$0.6700
🧠 Logic: Solid bounce off MA99 & volume surge = Potential for further upside.
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💥 FUTURES Strategy:
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📈 LONG Entry:
✅ Entry: $0.6750 - $0.6850
📊 Targets: $0.7500 ➡️ $0.8000
🛑 Stoploss: $0.6700
🧠 Why: Momentum + Breakout = Bullish continuation.
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📉 SHORT Entry:
❌ Entry: Rejection at $0.7900 - $0.8000
🎯 Targets: $0.7400 ➡️ $0.7000
🛑 Stoploss: Above $0.8000
🧠 Why: Watch for resistance rejection. If price fails, we can take profit on the short.
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🔥 Quick Summary:
INIT/USDT just surged 🔥 and now seems ready to retest its previous high!
Will this breakout hold? Or is a pullback imminent?
Perfect for both short and long traders. Stay sharp! 🚀