$INITUSDT – Strong Rebound & Bullish Setup!
Reaccumulation Zone Identified – Breakout Loading!
$INIT is holding steady at $0.7529 (+0.71%) after a solid uptrend and healthy consolidation. Bulls are actively defending the $0.7450 support zone, signaling a possible breakout ahead.
Market Snapshot:
• Price: $0.7529
• Trend: Bullish (with minor pullback)
• Momentum: Sideways to bullish
Technical Breakdown:
After facing resistance near $0.7680, $INIT is consolidating above mid-range levels. Repeated bottom wick rejections show strong buyer presence. A renewed push toward $0.7700 is likely.
Short-Term Trade Setup:
• Entry Range: $0.7480 – $0.7550
• Target 1: $0.7650
• Target 2: $0.7770
• Stop Loss: $0.7400
• Pro Tip: Watch for a volume surge on breakout candles to validate the move.
Buy & Trade on: {spot}(INITUSDT)
