Current price: ~$1.047 (down over 10% in 24h)
Multi-timeframe analysis
🔹 15-minute timeframe (15m)
• Price is below all MA lines → Strong selling pressure
• Low RSI (32–41) but not in oversold territory yet
• Negative MACD but histogram narrowing → Decreasing bearish momentum
🔹 1-hour timeframe (1h)
• Similar structure to 15m, MA stacking in a downtrend
• RSI maintains low zone → Weak buying pressure
• MACD narrowing → Wait for reversal confirmation
🔹 4-hour timeframe (4h)
• MA(7) < MA(25) but MA(25) > MA(99) → Chaotic signal
• Weakening OBV → Capital flow is withdrawing
• RSI(24) around 45 → Not too bad but not positive yet
🔹 1-day timeframe (1D)
• MA(7) > MA(25) → Potential bullish reversal signal
• Positive MACD, DIF > DEA → Long-term bullish signal still holds
• RSI in the range of 53–57 → Neutral, waiting for breakout
Trading strategy INIT/USDT
✅ Main scenario (Priority – Probability ~60%)
🔹 Buy order if breakout at 1.0550
• Confirmation conditions:
• Price breaks resistance at 1.0550
• Clear positive MACD on the daily timeframe
• RSI(24) on 4h timeframe exceeds 45
• Entry: 1.0550–1.0600
• SL: 1.0350
• TP1: 1.0750
• TP2: 1.0950
🧨 Alternative scenario (Probability ~30%)
🔹 Sell order if breaks 1.0400
• Confirmation conditions:
• Price breaks support at 1.0400
• RSI(6) < 30 on 1h timeframe
• Volume spikes
• Entry: 1.0390–1.0410
• SL: 1.0550
• TP1: 1.0250
• TP2: 1.0100
Risk management
• Maximum 2% capital/per order
• Minimum profit:risk ratio 1:2
• Closely monitor volume fluctuations and news from the project $INIT – may strongly affect market sentiment
Conclusion: $INIT is in an important boundary zone after a deep decline. If it holds the level of 1.0400 and confirms the breakout, this could be a short-term entry opportunity according to technical rebound waves. Conversely, losing this level could trigger a deeper decline.