$INIT Reclaiming the Trend: The Silent Comeback Begins....
$INIT has bounced impressively from its local low of 0.3874, forming a clean staircase of higher lows and steady green candles. With a bullish order book (over 63% buy-side pressure) and reclaiming the 0.45 zone, this could be the start of a meaningful reversal.
📈 Long Trade Setup
• Entry Zone: 0.4460 – 0.4520
• TP1: 0.4780
• TP2: 0.4990
• TP3: 0.5210
• Stop Loss: Below 0.4280
Insight:
After a steep drop, INIT is showing classic signs of accumulation and breakout continuation. Strong bid interest and renewed buying momentum hint at upside potential, especially if it holds above 0.45 on volume.