$INIT

USDT BULLISH CONSOLIDATION – PREPARING FOR ANOTHER PUSH UP?

INITUSDT has shown a strong upward move earlier, followed by sideways consolidation, indicating that buyers are accumulating for the next breakout attempt. Current price action is stabilising near mid-range support.

🔑 Key Levels

Resistance: 0.4531 (24h high)

Support: 0.4126 (24h low), minor support at 0.4400

Current Price: 0.4459

📈 Trade Setup (Long)

Entry Zone: 0.4430 – 0.4460

Targets (TP):

TP1: 0.4500

TP2: 0.4540

TP3: 0.4600 (if strong momentum continues)

Stop Loss (SL): 0.4380

🌐 Market Outlook INITUSDT is forming higher lows after a bullish surge, suggesting accumulation by buyers. A confirmed breakout above 0.4531 will open the door for continuation towards 0.4600 levels. However, a break below 0.4400 may delay the bullish setup.

⚠️ Risk Management Always trade with disciplined stop loss placement and proper lot size calculation. Risk only 1-2% per trade to protect capital from unexpected volatility in such fast-moving altcoins.

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