a short technical analysis and trade signal for $INIT šŸ’ÆšŸ”„

/USDT based on the current data:

Technical Analysis:

Trend: Strong bullish momentum (+22.10% in 24h)

Support: $0.7291

Resistance: $0.7988 (recent high)

Volume: High (82.99M INIT) – indicates strong interest

Price Action: Continuation pattern forming above previous resistance, now acting as support

Trade Signal:

Type: Long (Buy)

Entry Zone: $0.7900 – $0.7940

Stop Loss: $0.7280 (below support)

Targets:

šŸŽÆ Target 1: $0.8250

šŸŽÆ Target 2: $0.8650

šŸŽÆ Target 3: $0.9100

Momentum:

Bullish

Supported by increasing volume and higher highs

RSI likely approaching overbought zone — watch for short-term pullbacks before continuation

#BinanceAlphaAlert #AirdropStepByStep #AITokensBounce #BTCRebound