a short technical analysis and trade signal for $INIT 🔥💯

/USDT based on your data:

Technical Analysis (Short-Term)

Trend: Moderate bullish (+12.47%)

Volume: Solid trading activity (51.45M INIT, $42.71M USDT)

Resistance Levels: $0.8892 (24h high), $0.895, $0.91

Support Levels: $0.8707 and $0.8467

Current Price: $0.8864

Structure: Consolidating near resistance, breakout possible

Trade Signal: LONG (Buy)

Entry Zone: $0.87 – $0.89

Stop Loss: $0.84

🎯 Target Levels:

Target 1: $0.91

Target 2: $0.94

Target 3: $0.98

Momentum:

Bias: Mild to Strong Bullish

Confidence: Medium (Layer 1 token + new listing traction)

Risk Level: Moderate

#AltcoinSeasonComing #AltcoinTrade #ETHCrossed2500 #TradeOfTheWeek