$INIT /USDT Bull Run Alert — Layer 1 Gainer Breaking Out!
$INIT is up a massive +41.48%, currently trading at $1.1563, just shy of its 24h high at $1.2422. With 119.03M #INIT in volume and $123.98M USDT turnover, this Layer 1 token is turning serious heads in today’s rally!
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🚀 Trade Setup (Bullish Momentum):
Entry Zone: $1.10 – $1.16
TP1: $1.24
TP2: $1.36
TP3: $1.48
Stop Loss: $0.98
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📊 Market Insights:
INIT has surged from a 24h low of $0.8147, reflecting a sharp rebound with massive trading volume. The token is consolidating just under the key resistance of $1.24, with bulls eyeing a breakout continuation. This strong Layer 1 narrative combined with price strength makes it a hot watch.
Pro Tip:
Watch for a 15m candle close above $1.25 on strong volume to confirm breakout potential. Consider scaling out profits at each target and use a trailing stop-loss above TP1 to maximize gains.
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Are you riding this Layer 1 rocket or waiting for the dip? Let’s hear your thoughts!
Buy And Trade Here On $INIT