$INIT /USDT

📊 INIT/USDT Snapshot

Current Price: $0.8151 (+14.22%)

24h High / Low: $0.8349 / $0.6968

24h Volume:

INIT: 16.98M

USDT: $13.08M

🔧 Technical Indicators

SAR (0.02, 0.2): $0.8047 → bullish bias (price above SAR)

MA(5): 727.9K

MA(10): 959.4K

Current Vol: 981.5K → volume increasing, confirms momentum

🔍 Key Levels

Resistance:

$0.8349 (24h high)

$0.8419 (order book resistance)

$0.86+ (potential breakout zone if momentum sustains)

Support:

$0.8047 (SAR & breakout retest zone)

$0.7810

$0.7507

$0.7203

$0.6968 (24h low)

🧠 Trade Setups

✅ Bullish Setup

Entry Zone: $0.800–$0.815 (on dip or flag formation)

Stop Loss: Below $0.7810

Target 1: $0.8349

Target 2: $0.85–$0.86

Ideal if price consolidates above $0.8047 (SAR level). Volume support is increasing — good sign.

⚠️ Breakout Watch

Break Above: $0.835 with strong volume (>1M candle)

Target: $0.86–$0.88

Stop Loss: $0.805 (tight) or $0.781 (swing level)

❗ Caution

14% intraday move → high volatility

If price loses $0.7810, expect pullback to $0.75–$0.72 zone

MA(10) > MA(5) → slight lagging average suggests a temporary volume pump

Let me know if you'd like this added to a watchlist, or if you want to build a grid strategy around $0.75–$0.85.

#MarketPullback #MyCOSTrade #EDGENLiveOnAlpha #Write2Earn! #INIT