Based on data from the main timeframes, INIT/USDT is entering an accumulation phase with a trend leaning towards short-term price increase. Below is a summary of analysis and specific trading strategies:
1. TECHNICAL DATA SUMMARY BY TIMEFRAME
15-minute timeframe
• Price: 0.6928 USDT (+10.71%)
• EMA(7) > EMA(25) > EMA(99): Short-term trend is rising.
• RSI(6): 35.44 (oversold zone) – potential rebound signal.
• MACD: Negative but the DIF line is crossing above the DEA – a buy signal is imminent.
• Volume: Below MA(5) – buying pressure is not strong yet.
1-hour timeframe
• Price: 0.6924 USDT (+10.64%)
• EMA(7) > EMA(25): Confirms short-term upward momentum.
• RSI(12): 57.31 – close to buying zone, supports continued trend.
• MACD: Negative but narrowing – may turn positive if buying pressure holds.
• Volume: Exceeds MA(5) – showing positive accumulation signal.
4-hour timeframe
• Price: 0.6926 USDT (+10.67%)
• EMA(7) > EMA(25), but still below EMA(99): Strong resistance area at 0.7016.
• RSI(6): 70.63 – currently in the overbought zone, prone to a pullback.
• MACD: Positive (DIF > DEA) – medium-term uptrend has been confirmed.
• Volume: Low – warning of lack of momentum to break out immediately.
1-day timeframe
• Price: 0.6921 USDT (+10.59%)
• EMA(7): 0.6707 – short-term dynamic support.
• RSI(6): 51.43 – neutral, with room to increase.
• OBV: Negative (-609M) – long-term selling pressure still exists.
• Strong support: 0.6184 – previous accumulation zone.
2. RECOMMENDED TRADING STRATEGY
Main scenario – Buy according to trend (Priority | Probability: 60–70%)
• Buy point: 0.6700–0.6800 (EMA 7/25 support zone on 4h and 1D timeframe).
• Take profit:
• TP1: 0.7016 (EMA99 – technical resistance).
• TP2: 0.7200 (nearest previous peak).
• Stop loss: Below 0.6500 (losing EMA99 on the daily timeframe).
• Note: RSI is currently overbought (4h timeframe), may have a slight adjustment before rising.
Alternative scenario – Sell when breaking support (Probability: 30–40%)
• Entry point: If the price clearly breaks below 0.6500.
• Take profit: 0.6184 (support on the daily timeframe).
• Stop loss: Above 0.6700 – avoid falling into a false breakdown trap.
• Risk: Medium-term trend is still upward, so prioritize caution if choosing to short.
3. IMPORTANT NOTES
• Volume: Needs to clearly break above 0.7016 to confirm breakout.
• RSI on 4h timeframe: Currently overbought – it is advisable to wait for a pullback for safer entry.
• OBV: Has not given a strong cash flow signal yet – waiting for further confirmation.
4. SUMMARY
• Probability of successful buying: ~65% if entering at the right technical support zone.
• Successful selling probability: ~35%, only consider if the price clearly breaks support.
• Expected risk-reward ratio: 1:2 or higher – optimal for risk-tolerant investors with control.
Disclaimer: The above analysis is for reference only and is not an investment recommendation. Managing capital and monitoring the market is essential.