I'm eyeing $INIT after that -8.79% dip — price slipped from $0.4687 and is now hovering near key support at $0.4192. It's a strong zone to watch for a potential recovery play, but volume is still light. I'm staying cautious and waiting for a solid reversal signal.

Scalp/Rebound Setup I'm Watching:

📍 Entry Zone: $0.4150 – $0.4250 (accumulate near $0.4200)

🎯 TP1: $0.4400

🎯 TP2: $0.4600

🎯 TP3: $0.4900

🛑 Stop Loss: $0.4120 (tight under recent low)

Key Zones:

🟩 Support: $0.4190 / $0.4150

🟥 Resistance: $0.4400 / $0.4600 / $0.4900

📌 Pivot: $0.4300

💡 Pro Tip: Watch for a bullish engulfing candle or RSI divergence on the 15m–1H chart. If BTC stays firm, INIT could bounce fast. But I'm keeping my position light — sharp dips like this need tight risk and quick hands.

#NFPWatch #BTCReclaims110K #TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL