$INIT /USDT – Layer 1 Gainer Eyes Breakout! Bullish Continuation in Play?

$INIT is showing impressive strength with a +10.50% surge, currently trading at $1.3917, after bouncing from the $1.12 zone. This Layer 1 token is catching eyes on Binance’s gainer list and looks poised for another leg up if momentum holds.

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Current Price: $1.3917

24h Change: +10.50%

24h High: $1.4274

24h Low: $1.1210

24h Volume (INIT): 60.12M

24h Volume (USDT): 76.25M

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Bullish Trade Setup – Breakout Continuation

Entry Zone: $1.37 – $1.42 (on pullback or breakout)

TP1: $1.47

TP2: $1.54

TP3: $1.62

Stop-Loss: $1.29

Bearish Trade Setup – Rejection Play

Entry Below: $1.36

TP1: $1.29

TP2: $1.22

Stop-Loss: $1.43

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Market Insights:

Volume has increased steadily, confirming strong interest. INIT reclaimed major levels and is now testing upper resistance at $1.43. A breakout here with volume confirmation could lead to a fresh rally. The $1.29 zone is strong support to watch.

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Pro Tip:

Avoid FOMO. Wait for confirmation above $1.43 with volume, or accumulate during dips near $1.37–$1.32 with a tight stop. Use trailing stop-loss to lock in gains as it climbs.

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Will INIT break into a new price discovery zone or face resistance at $1.43?

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Buy And Trade Here On $INIT

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