$INIT /USDT STRONG BREAKOUT AFTER CONSOLIDATION — BULLS TAKING CONTROL!
$INIT surged with a powerful green candle, now trading at $0.9697 after gaining 12.48% in 24 hours. This breakout follows a period of sideways accumulation, indicating a possible trend reversal or bullish continuation above the $0.98 resistance zone. If momentum holds, the pair may push toward the $1.00 psychological level next.
Trade Setup (LONG):
Entry: $0.9680 – $0.9720
Take Profit (TP): $1.00 / $1.05
Stop Loss (SL): $0.9420
Market Outlook:
Volume has spiked alongside price action, showing buyer strength. As long as $0.96 holds as support, bullish continuation is likely with upside potential toward new highs.
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