$INIT 🌋 INITUSDT ERUPTS! Will the Momentum Continue or Cool Off? 🔥💥
💰 Current Price: $0.8079 (+15.50%)
🕒 Chart Timeframe: 1H
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📈 MARKET SNAPSHOT
🔹 24h High: $0.8340
🔹 24h Low: $0.6982
🔹 Volume Surge: INIT 77.15M | USDT 60.13M
📊 EMA Levels:
• EMA(7): $0.8140
• EMA(25): $0.7868
• EMA(99): $0.6796
📉 RSI(6): 48.31 — Neutral
📉 MACD: Bullish momentum fading (watch for a crossover!)
🟣 L/S Ratio: 0.68 (🧸 Bears slightly leading)
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🚀 SPOT TRADING PLAN
Scenario A: Continuation Play 🔥
✅ Buy Zone: $0.78 – $0.80 (EMA25 retest)
🎯 Target 1: $0.834
🎯 Target 2: $0.85+
🛑 Stop-loss: Below $0.768
Scenario B: Pullback Dip Buy 🧲
✅ Buy Zone: $0.75 – $0.76
🎯 Target: Back to $0.80 – $0.83
🛑 Stop-loss: Below $0.738
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⚡️ FUTURES STRATEGY (High Risk/Reward)
🟢 LONG Setup
📌 Entry: $0.785 – $0.80
🎯 TP1: $0.834
🎯 TP2: $0.855
🛑 SL: $0.768
🧠 Leverage Suggestion: 3x–5x (Safer risk zone)
🔴 SHORT Setup (Rejection play near resistance)
📌 Entry: $0.834 – $0.84
🎯 TP1: $0.805
🎯 TP2: $0.78
🛑 SL: $0.85+
⚠️ Ideal if volume fades and candles show weakness!
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📌 SUMMARY
INITUSDT just broke out massively, but momentum is cooling. RSI neutral, MACD fading — time to watch the next support test or resistance rejection.
Smart traders will ride the trend, not chase the wick! 🎯
🔐 Stick to your plan. Manage risk. Trade smart.