Here's a 15-minute scalp setup for $INIT /USDT based on your latest snapshot:
INIT/USDT – 15m Scalping Setup
Price & Trend:
Current Price: $0.7035
MA60: $0.6952 → Price is trading above MA60, short-term bullish bias
24h Range: $0.6609 – $0.7459 → Trading in the upper half of the range
Volume Trend: MA(10) > MA(5) → Volume fading slightly, but still active
Key Levels:
Support Zone: $0.6880 – $0.6920
Resistance Zone: $0.7130 – $0.7200
Breakout Trigger: 15m close above $0.7130
Breakdown Risk: 15m close below $0.6880
Scalp Ideas:
Pullback Long
Entry: $0.6950 – $0.6980 (near MA60)
Target: $0.7070 – $0.7120
Stop: $0.6880
Breakout Long
Entry: $0.7140+
Target: $0.7300 – $0.7400
Stop: $0.7050
Fade Short (Aggressive)
Entry: $0.7120 – $0.7150
Target: $0.6980
Stop: $0.7190
Summary:
INIT shows momentum but slightly fading volume. Ideal play is a bounce off MA60 or breakout above $0.713. A fade short is riskier but possible if price rejects near high volume node.
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