📌 Analysis of INIT/USDT (⏳ 15 Minute Frame)
Buy or Sell 👀
📈 🔵 Buy Trade (Long):
🔹 🚀 Entry Price: 1.1060 (upon clear break of resistance)
🔹 🛑 Stop Loss: 1.0650
🔹 🎯 Targets:
• 🥇 First Target (Short): 1.1170
• 🥈 Second Target (Medium): 1.1320
• 🥉 Third Target (Wide): 1.1550
• 🏁 Fourth Target (Extended): 1.2000
🔹 📊 Trade Analysis:
• The price is moving above EMA 7, 25, and 99 indicating an upward trend.
• RSI is trading above 50 neutrally, and if it breaks 60, it will strengthen the momentum.
• MACD is close to a bullish crossover but is currently uncertain.
• ✅ Entry Confirmation: Strong green 15-minute candle with a clear increase in trading volume above 1.1060.
• 🎚️ Suggested Leverage: 5x - 7x
⸻
📉 🔴 Sell Trade (Short):
🔹 📉 Entry Price: 1.0640 (upon break of EMA99 support)
🔹 🛑 Stop Loss: 1.1000
🔹 🎯 Targets:
• 🥇 First Target (Short): 1.0500
• 🥈 Second Target (Medium): 1.0310
• 🥉 Third Target (Wide): 1.0100
• 🏁 Fourth Target (Extended): 0.9750
🔹 📊 Trade Analysis:
• The price is close to EMA99, breaking it will open the door for gradual decline.
• RSI is moving below 50, and breaking the 45 level will confirm negative momentum.
• MACD is currently slightly negative and needs confirmation.
• ✅ Entry Confirmation: Strong red 15-minute candle with an increase in selling volume below 1.0640.
• 🎚️ Suggested Leverage: 5x - 7x