$INIT
USDT BULLISH REVERSAL SETUP ā READY TO BREAK THE DOWNTREND š
INIT is holding above a strong support zone after a corrective pullback, showing potential for a bullish reversal if buyers reclaim resistance levels with volume.
Key Levels:
š¹ Support: 0.3976 ā 0.3847
š¹ Resistance: 0.4368 ā 0.4800 ā 0.5018
š¹ Current Price: 0.4355
Trade Setup (Long Entry):
ā Entry Zone: 0.4340 ā 0.4370
šÆ Targets:
ā¢ TP1: 0.4600
ā¢ TP2: 0.4800
ā¢ TP3: 0.5018
ā Stop Loss: 0.3976
Short Market Outlook:
INIT has formed a potential base above its mid-level support with minor consolidation candles suggesting absorption of sell pressure. A bullish close above 0.4368 will open doors for a quick upside move towards 0.48 and above.
Risk Management:
Always trade with a predefined stop loss. Risk only 1-2% of your trading capital per setup and avoid emotional scaling. Wait for breakout confirmation before entering aggressively.
š¬ Comment āš„ā if you think INIT will break out soon! Follow for daily sniper setups.
#NFPWatch #BTCReclaims110K #TrumpVsMusk
buy and trade here on $INIT