$INIT BULLISH BREAKOUT EXPECTED – BUYERS GEARING UP!
$INIT is showing signs of a strong bullish reversal from support, with buyers defending key levels and aiming for an upside breakout.
🔑 Key Levels:
Current Price: $0.4194
Immediate Resistance: $0.4218
Target Resistance Levels: $0.4270 / $0.4357
Strong Support: $0.4063
💼 Trade Setup (Long Entry):
Entry Zone: $0.4180 – $0.4200 (confirmation on reclaiming resistance)
Targets (TP):
TP1: $0.4270
TP2: $0.4357
Stop Loss (SL): $0.4166 (below support wick rejection)
📊 Market Outlook: INIT is recovering from its support zone with increasing buyer momentum. If price breaks and holds above $0.4218, a swift move towards $0.4270 and $0.4357 is expected in upcoming sessions.
⚠️ Risk Management: Trade with discipline. Use stop-loss strictly. Risk only 1-2% of your capital per trade.
💬 Comment 🚀 if you agree with this bullish outlook and let’s ride the wave together!
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