$INIT /USDT

📊 INIT/USDT Overview

Last Price: $0.7129

Mark Price: $0.7127

24h Change: +11.06% (strong upward momentum)

24h High: $0.7969

24h Low: $0.6378

Volume:

INIT: 173.77M

USDT: $126.08M (healthy volume for price action)

🧭 Key Technical Levels

Immediate Resistance:

$0.7444 – Minor intraday resistance

$0.7740 – Pre-breakout resistance

$0.7969 – Local top / 24h High

$0.8037 – Extension/fakeout zone

Support Zones:

$0.7129 – Current price / Mid-support

$0.6851 – Retest zone

$0.6622 – Breakdown buffer

$0.6378 – Strong 24h base support

✅ Trade Setups

🟩 Support Retest Long (Low Risk)

Entry Zone: $0.68 – $0.69

Stop Loss: $0.662

Take Profit Targets:

TP1: $0.744

TP2: $0.774

TP3: $0.79–0.80

Watch for price to bounce from $0.685 area with strong 15m candle or bullish divergence.

🚀 Breakout Long

Trigger: Break and close above $0.797

Entry: $0.80+

Stop Loss: $0.774

Targets:

TP1: $0.83

TP2: $0.87

TP3: $0.90+

Volume spike and strong candle body above $0.80 increases breakout validity.

🔻 Reversal Short (Aggressive)

Entry: $0.79–$0.80 rejection

Stop Loss: $0.805

Targets:

TP1: $0.74

TP2: $0.70

TP3: $0.685

Look for double-top or bearish engulfing candle with volume dying at resistance.

📌 Strategy Table

StrategyEntry ZoneStop LossTargetsSupport Retest Long$0.68 – $0.69$0.662$0.744 → $0.774 → $0.796Breakout Long$0.80+$0.774$0.83 → $0.87 → $0.90+Rejection Short$0.79 – $0.80$0.805$0.74 → $0.70 → $0.685

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