$INIT
USDT BULLISH MOVE LOADING – BREAKOUT CONFIRMATION EXPECTED SOON 🚀
$INITUSDT is currently trading at 0.4160, showing signs of a strong consolidation above its key support, indicating potential for an upward breakout.
🔑 Key Levels:
Support: 0.4080 – 0.4100 zone (holding strong and acting as a rebound base)
Resistance: 0.4333 (targeting this level on the next impulsive wave)
📊 Trade Setup:
Entry (Long): 0.4145 – 0.4165
Take Profit (TP): 0.4330 – 0.4340
Stop Loss (SL): 0.4080
💡 Market Outlook: Momentum is building up as price continues to form higher lows, indicating bullish pressure. A clean break above 0.4200 could fuel a sharp push towards the resistance area of 0.4330+.
⚠️ Risk Management: Always use a tight stop loss to manage downside risk and avoid over-leveraging in consolidation zones. Wait for confirmation before scaling positions.
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buy and trade here on $INIT