Technical Deal on Currency $INIT /USDT
Current Status:
🔹 Price: 0.4185 (+5.18%)
🔹 Momentum: Strong bullish with a breakout of resistance at 0.4050
🔹 Technical Indicator SAR: Started to reverse towards upward support
🔹 Volume: Clear increase in trading volume (9.12M INIT)
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📊 Trade Details
📥 Entry Zone:
0.4100 – 0.4170 (Entered automatically from the current price)
🎯 Profit Targets:
• TP1: 0.4260
• TP2: 0.4340
• TP3: 0.4420
❌ Stop Loss (SL):
0.4020 (Below the last fixed low at 0.3853)
💰 Capital Size:
Should not exceed 10% of your allocated trading portfolio.
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🧠 Technical Notes:
• Keeping the price above 0.4050 enhances the chances of an upward movement.
• Watch for secondary resistance near 0.4290 in the short term.
• If breaking 0.4420, we are looking at a new upward wave with wider targets.
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