$INIT /USDT BULLISH CONTINUATION PATTERN — CONSOLIDATION MAY LEAD TO ANOTHER SURGE
INIT has held above $1.00 after a sharp spike toward $1.11, showing signs of strength and steady recovery. The current structure on the 30-minute chart suggests a bullish consolidation, with potential to retest the previous high if momentum builds.
Trade Setup (Long):
Entry: $1.030 – $1.035
Take Profit: $1.085 / $1.120
Stop Loss: $0.990
Market Outlook:
Strong upside wicks and higher lows indicate bullish pressure holding firm. If buyers reclaim control above $1.04 with volume, a breakout toward $1.10 is likely.
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