๐ $INIT / USDT โ Technical Snapshot
Current Price: $0.4138 (+8.50%)
๐ฏ Targets:
โข TP1: $0.46 (near MA99 resistance)
โข TP2: $0.52 (previous local high)
โข TP3: $0.60 (strong psychological & technical resistance)
๐ก๏ธ Support Levels:
โข $0.38 (MA25 โ initial support)
โข $0.37 (MA7 โ trend buffer)
โข $0.35 (strong horizontal support from late June)
๐ Quick Outlook:
โ Breakout above MA cluster (MA7 & MA25)
โ Rounded bottom formation โ bullish continuation setup
โก Next hurdle: MA99 at $0.416; a clean breakout could fuel acceleration.
โ ๏ธ Reminder: DYOR. Not financial advice โ manage your risk wisely.
#INIT #AltcoinSignals #CryptoAnalysis #BullishSetup #ScalpTrade