🔥🔥🔥 #INIT 🔥🔥🔥

it's Got late but small Margins can be added here.

Here Are Key Observations

1. Current Price Action

Entry Price: Around 0.6922 (marked at June 7, 20:00).

Current Price: ~0.7068 (+9.5%) — already showing bullish momentum.

Target Price: 0.8289 by June 9, 07:00 (~1 day 11 hours from entry).

Projected Gain: +0.1368 USDT (+19.76%).

2. Support & Resistance Zones

Support Zone: 0.6800–0.6950 (highlighted in green under point D).

Resistance Zone: 0.8000–0.8300 (target region; prior support turned resistance).

3. Volume

Volume is increasing slightly, supporting the breakout move.

Technical Summary:

Parameter Value

Pair INIT/USDT

Direction Long (Buy)

Entry Zone 0.6920–0.7060

Target 0.8289

Stoploss ~0.6750 (below recent low)

Risk/Reward Approx. 1:2.5+

Expected Time 1–2 days

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Final Notes:

A breakout above 0.7150 with volume would further confirm the bullish move.

Keep an eye on the 0.8000–0.8300 zone for potential profit-taking or strong resistance.

Manage position size and use stop-loss due to possible retests or fakeouts.