$INIT
/USDT Strong Bullish Continuation 🔥🚀✅
$INIT is trading at $0.7629, up making it one
of the top gainers. Price is near the 24h high of $0.7700, showing bullish momentum backed by strong volume ($31.21M USDT). As a Layer 1 token, INIT's rally may reflect sector strength or news flow.
Entry Zone:
0.7400 – 0.7650 (wait for a minor dip or break above 0.7700 with confirmation)
Targets:
🎯 Target 1: 0.8000 (psychological level + round number magnet)
🎯 Target 2: 0.8380 (extension based on previous impulse)
🎯 Target 3: 0.8750 (stretch target if breakout rally continues)
Stop Loss:
0.7250 (below recent support and high-volume zone)
Key Levels:
Support: 0.7400, 0.7250
Resistance: 0.7700, 0.8000
Pivot Point: 0.7600
Pro Tip:
If INIT consolidates above $0.7700, consider scaling in on a breakout with volume. Monitor RSI and 1h Bollinger Bands — a squeeze and expansion signal may precede the next move.
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