Analysis and Trading Suggestions for INIT
1. Market Situation:
• INIT is currently in a medium-term uptrend, with support at $1.05 and resistance at $1.22. If it does not break above $1.18, a short-term correction may occur.
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📈 Trading Suggestions:
1. Long Order - 4h Frame
• Entry: $1.05
• SL: $0.95
• TP: $1.22
• RR Ratio: 2.2
• Success Rate: 70%
• Reason: Strong support at $1.05, medium-term upward potential.
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2. Long Order - 1 Day Frame
• Entry: $0.90
• SL: $0.80
• TP: $1.26
• RR Ratio: 2.3
• Success Rate: 65%
• Reason: Strong support at $0.90, long-term uptrend.
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3. Short Order - 15 Minute Frame
• Entry: $1.22
• SL: $1.25
• TP: $1.05
• RR Ratio: 1.5
• Success Rate: 60%
• Reason: Resistance at $1.22, potential for short-term correction.
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Summary:
• Long orders are the preferred choice, especially at the support level of $1.05 for the 4h frame and $0.90 for the 1-day frame.
• Short orders can be opened when the price reaches $1.22 with low risk if the market corrects.
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This strategy helps take advantage of both upward and downward price opportunities for INIT, depending on the actual market developments.
Trade now: Giao dịch INIT