$INIT
Silent Climb, Loud Breakout.....
$INIT has surged to $0.3796 on the 1H chart after a clean breakout from its recent consolidation range. With a 9.93% gain today, the bullish structure is intact, and momentum is climbing rapidly. Price is approaching the resistance near $0.3810 a breakout here could ignite another wave upward.
Trade Setup
Entry Zone: $0.3760 – $0.3800
Target 1: $0.3990
Target 2: $0.4170
Stop Loss: Below $0.3630
Insight:
INIT is flashing strength with a powerful trend continuation pattern. If buyers hold momentum above $0.3810, a breakout rally could follow quickly. Ideal setup for momentum traders watching for clean continuation moves.