$INIT / USDT Potential Long Reversal Trade Setup
Setup: Potential Long Reversal after testing support near the lower Bollinger Band.
Entry: $0.6205 - $0.6210 (around the current price, looking for bullish confirmation)
Stop Loss: $0.6175 (just below the recent low)
Targets:
* $0.6570 (middle Bollinger Band)
* $0.6700
* $0.6800
Confirmation:
* Bullish candlestick forming after testing support around $0.6183.
* Increasing buying volume.
* Price breaking above short-term resistance levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x
Watch for: Strong bullish momentum to confirm the reversal. Be cautious if the price breaks below $0.6175.
Trade here: click $INIT
