🔥🚀 $INIT /USDT – Ready for Takeoff or More Turbulence? 🔥
$INIT is down -5.91%, pressing into strong support near $0.458 after a drop from the $0.50 zone. Volume is holding, but trend pressure is high. Will INIT bounce or break?
📈 Bullish Setup – Time to Reignite?
If INIT holds above $0.458 and flips SAR ($0.5042), bulls could take charge again:
🎯 Target 1: $0.485
🎯 Target 2: $0.506
🎯 Target 3: $0.532
📌 Entry Zone: $0.458 – $0.465
🛡️ Stop Loss: $0.448
📊 SAR Level: $0.5042 – A break above = bullish trigger!
📉 Bearish Setup – Breakdown in Progress?
If support at $0.458 cracks, downside targets activate:
🎯 Target 1: $0.442
🎯 Target 2: $0.428
🎯 Target 3: $0.405
🔻 Short Entry Zone: $0.466 – $0.472
🛡️ Stop Loss: $0.508
🔹 Current Price: $0.4600
📉 24h Low: $0.4582 | High: $0.5065
📊 Volume: 10.45M INIT / 5.08M USDT
📍 SAR: $0.5042 | Depth Spike: 8.08% – bears showing teeth!
🧠 Decision Point: INIT is at a crucial level. Will buyers INIT-iate a comeback or will bears drag it into deeper correction?
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