$INIT
INIT /USDT BULLISH REVERSAL – READY TO LAUNCH FROM SUPPORT!
$INIT has rebounded sharply from the recent low at 0.6171, confirming a bullish reversal with higher lows forming. The current price is 0.7705, gaining momentum as it approaches the mid-resistance zone. A breakout above 0.8419 could unlock the next leg up!
KEY LEVELS:
Resistance: 0.8419 – breakout point
Support: 0.7130 (strong base), 0.6170 (last swing low)
Current Price: 0.7705
TRADE SETUP: (LONG TRADE)
Entry: 0.7700 – 0.7600
Targets (TP):
TP1: 0.8300
TP2: 0.8800
TP3: 0.9200
Stop Loss (SL): 0.7130
RISK MANAGEMENT:
Risk only 2% per trade, trail your stop after TP1 to secure profits and reduce exposure.
Command: Ride the reversal – bulls are back in action!
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