$INIT /USDT BULLISH FLAG IN FORMATION — CONSOLIDATION BEFORE THE NEXT BLAST!
$INIT /USDT has shown a sharp uptrend with over 24% gains and is now forming a classic bull flag structure on the 1-hour chart. Price is stabilizing around $0.828 after a strong vertical move, and this controlled pullback suggests a high probability of continuation once momentum resumes.
Trade Setup:
Entry (Long): $0.820 – $0.830 (on breakout confirmation or support retest)
Take Profit Targets:
TP1: $0.870
TP2: $0.900
TP3: $0.945
Stop Loss: $0.798 (below flag support zone)
Market Outlook:
With volume still elevated and structure intact, bulls appear ready for another push. Watch for a breakout above the flag's upper resistance to confirm strength. Avoid late entries and stick to disciplined stops.
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