$INIT /USDT BULLISH REVERSAL — STRONG RECOVERY FROM LOCAL LOWS
$INIT just printed a textbook V-shaped recovery after bottoming near $0.8425. It’s now trading at $0.9060 and attempting to reclaim the $0.92 resistance zone. Momentum is turning bullish with higher lows forming consistently on the 1H chart, indicating accumulation and preparation for an upward push.
TRADE SETUP (LONG):
Entry Zone: $0.900 – $0.908
Take Profit Targets: $0.932 / $0.950 / $0.980
Stop Loss: $0.879
MARKET OUTLOOK:
As long as holds above $0.89, bulls have the upper hand. A break above the $0.932 level will likely trigger another leg up toward $0.98. Volume is supportive, and the bullish candle pattern suggests continuation.
RISK MANAGEMENT TIP:
Use a tight SL below local support. Consider scaling out at each TP level for optimal profit management.
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Be early, be profitable! Tap in before the market leaves you behind because every trend rewards the bold. Don’t let this bullish wave pass you by — enter smart, ride the move.
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