$INIT /USDT – BULLISH CONSOLIDATION AT SUPPORT

ACCUMULATION PHASE UNDERWAY

VOLUME DECLINE FOLLOWED BY GREEN CANDLES

BREAKOUT LIKELY ON UPTICK IN DEMAND

$INIT has been consolidating above the $0.403 zone after a sharp correction from the $0.4805 peak. Despite the drop, price action shows signs of stability and higher lows forming on the 4H chart.

🟢 LONG TRADE SETUP

Entry: $0.416 – $0.420

Take Profit: $0.437

Stop Loss: $0.404

Market Outlook:

Low volatility and reduced selling pressure indicate a potential reversal. A move above $0.4237 could trigger bullish momentum.

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