$INIT /USDT – BULLISH BREAKOUT IMMINENT 🚀 | TECHNICAL ANALYSIS 🧠📈

The price of $INIT/USDT is showing strong bullish momentum as it consolidates just below the key resistance zone after a solid +7.35% daily move. Bulls are preparing for a potential breakout!

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🔍 CURRENT PRICE:

$0.4749

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🔑 KEY LEVELS TO WATCH:

Resistance 🔼:

$0.4788 (24h High & Local Resistance)

$0.5000 (Psychological & Structural)

$0.5200 (Major Resistance / Breakout Target)

Support 🔽:

$0.4600 (Immediate Support)

$0.4400 (Bullish Re-test Zone)

$0.4000 (Strong Demand Base)

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🟢 TRADE SETUP: LONG ENTRY IDEA

Entry: On breakout above $0.4790 with volume confirmation

Take Profits (TP):

TP1: $0.5000

TP2: $0.5200

Stop Loss (SL): Below $0.4600

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