$INIT /USDT BULLISH BREAKOUT ATTEMPT – TESTING LOCAL RESISTANCE! 🚀
$INIT is up 13.55% and pushing toward a breakout above the $0.8349 resistance. Price is forming higher lows on the 15-min chart, showing steady accumulation. If bulls break and close above the $0.8350 zone, it may trigger a rally toward the next resistance cluster.
TRADE SETUP (LONG):
Entry: $0.8200 – $0.8350
Target 1: $0.8700
Target 2: $0.9100
Stop Loss: $0.7950
WHY LONG?
After bouncing off the $0.7167 low, INIT surged with strong volume and broke multiple short-term resistances. The price is consolidating under a key level, indicating a bullish flag formation. A clean breakout above $0.8350 could fuel further upside with momentum.
RISK MANAGEMENT TIP:
Place SL below $0.80 and manage risk based on position size. Avoid chasing if entry gets extended — wait for confirmation on breakout retest.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!