$INIT

/USDT Long Trade Signal Alert .!šŸ“ˆšŸ’Æ

$INIT has corrected and is now hovering near short-term oversold levels. With a healthy $24M+ in 24h volume and a tight range forming near $0.67–$0.69, INIT may be setting up for a relief rally from Layer 1/2 interest rebound.

Entry

Entry Zone: $0.675 – $0.705

Accumulation near lower range boundary favored; early confirmation needed above $0.72.

Targets

šŸŽÆ Target 1: $0.765 — intraday high resistance

šŸŽÆ Target 2: $0.810 — minor breakout zone from recent spike

šŸŽÆ Target 3: $0.880 — reclaiming the momentum zone from last rally

Stop Loss

Below $0.662 — strong breakdown would invalidate bullish thesis.

Key Levels

Support: $0.672, $0.645

Resistance: $0.765, $0.810

Pivot: $0.725 — this level must flip to signal continuation

Pro Tip

Watch for a bullish engulfing 4h candle or strong wick rejection under $0.675 — INIT often springs from oversold with volume follow-through. A close above $0.73 with solid volume could trigger a fast squeeze toward higher targets.

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