Current price: 1.0324 USDT
24h volatility: Low, fluctuating within a narrow range
24h trading volume: Below average, warning of lack of upward momentum
Technical trend summary across multiple timeframes
• 15-minute timeframe: Price exceeds all MAs → short-term uptrend.
• 4-hour timeframe: Price is between MA7 and MA25 → correction in the larger trend.
• 1-hour timeframe: Positive MACD, neutral RSI → potential for recovery.
• 1-day timeframe: Medium-term uptrend maintained (Price > MA25), but negative MACD and weak volume → warning of lack of new push.
→ Summary: INIT still maintains a medium-term uptrend but is temporarily correcting. Technical signals lean towards buying when breaking out, but clear confirmation is needed.
Short-term trading strategy
1. Long scenario (priority - probability 65–70%)
• Entry: Buy when price breaks 1.0330 (near resistance in the 15m timeframe)
• SL: 1.0280 (below MA7 in the 15m timeframe)
• TP: 1.0450 (according to R:R ratio 1:2 and nearest peak region)
2. Short scenario (secondary - probability 40%)
• Entry: Sell if price drops below 1.0250 (losing support in the 1H timeframe)
• SL: 1.0300
• TP: 1.0150
Risk management & notes
• Each order not exceeding 2% of capital
• Prioritize entering orders when RSI and MACD agree in the 1H timeframe
• Observe price action at levels 1.0330 and 1.0250 to identify clear signals
• Current volume is weak → needs confirmation by strong breakout candles or supportive news
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