$INIT /USDT — Bullish Signal
Current Price: $0.7315 (+6.87%)
24h High / Low: $0.7400 / $0.6852
Volume: 32.78M INIT | 23.09M USDT
MA Levels: MA(7): 0.7064 | MA(25): 0.7085 | MA(99): 0.7030
Technical Analysis:
INIT has broken above all key moving averages and is holding its gains near the 24h high. Volume is very strong, with over 32M INIT traded in the last 24h — showing high interest and momentum. Price structure suggests a strong short-term uptrend.
My Personal View (Crypto Master):
When price holds above MAs with increasing volume like this, it's often a sign of breakout continuation. If INIT stays above $0.715, bulls are in control. Watch for retest of $0.740+ with a possible move toward $0.76.
Entry Zone: $0.725 – $0.735
Target 1: $0.755
Target 2: $0.780
Stop Loss: $0.705
Bias: Bullish
— Crypto Master