### **INIT/USDT Spot Trading Signal**
#### **1. Trend Confirmation (EMA & Price Action)**
- **EMA(50): 0.9771** | **EMA(20): 0.9556** → **Price (1.0120) above both EMAs**, suggesting short-term uptrend.
- **Higher Highs/Lows** visible on chart (e.g., 0.9202 → 1.0120).
- **Verdict:** **Mild Uptrend**
#### **2. Support & Resistance (Key Levels)**
- **Support:** 0.9556 (EMA 20) / 0.9771 (EMA 50)
- **Resistance:** 1.0600 (recent high) / 1.1998 (next swing high)
- **Entry Zone:** Near support for longs (0.9770–0.9850).
#### **3. Volume & Confirmation**
- **24h Vol:** High (66M INIT / 64M USDT) → Liquidity present.
- **RSI(14): 55.31** → Neutral, no overbought/oversold signal.
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### **🚀 Trade Setup (Long)**
✅ **Entry Zone:** **0.9770–0.9850** *(Split 50%/30% if retested)*
🎯 **Take-Profit:**
- **TP1:** 1.0600 *(1:2 R:R)*
- **TP2:** 1.1998 *(1:4 R:R)*
- **TP3:** Partial at 1.3396 (scalp)
❌ **Stop-Loss:** **0.9200** (below recent swing low)
⚠️ **Notes:**
- Watch for **volume spike** on breakout above 1.0600.
- If price stalls at 1.0120–1.0600 with low volume, **avoid new entries**.
*(DYOR – Not financial advice. Manage risk!)*
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**Engagement Hook:**
"INIT pumping +18% today! Can it break 1.0600? 🚀 Comment your targets!"
Let me know if you'd like adjustments! 🔍