$INIT

/USDT BULLISH REBOUND SETUP: WATCH FOR A BREAK ABOVE RESISTANCE!

$INIT/USDT has shown signs of stabilization after a sharp drop, and is now approaching the key resistance zone around 0.7350. A bullish engulfing candle is forming near the base support, suggesting a possible bounce if buyers maintain pressure.

Trade Setup (Long):

Entry: 0.7330 – 0.7350

Take Profit (TP): 0.7807

Stop Loss (SL): 0.7052

Market Outlook:

If price breaks above the highlighted resistance zone with volume, it could signal a reversal move toward the 0.78 area. However, failure to hold above 0.7290 may invalidate the bullish outlook. Risk management is crucial as the overall trend is still weak.

Command: “Momentum building—enter long above resistance and ride the breakout!”

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