$INIT /USDT Trade Setup

Market Insight

$INIT /USDT has seen a +9.39% increase in the last 24 hours, with strong buying pressure pushing it close to the upper Bollinger Band (UP: 0.4040) and a 24h high of 0.4195 USDT. The asset is recovering from recent lows, showing short-term bullish momentum but still facing mid-term downtrend resistance.

Entry

🟢 Buy Zone: $0.3710 – $0.3830

(Current price: $0.3833 – slightly above mid-Bollinger Band at $0.3718)

Targets

🎯 Target 1: $0.4040 (Bollinger upper band)

🎯 Target 2: $0.4195 (recent 24h high)

🎯 Target 3: $0.4400 (psychological + prior resistance zone)

Stop Loss

🔴 Stop Loss: $0.3480

(Below the Bollinger lower band at $0.3396 to account for wick-hunts)

Key Levels

Support: $0.3536 / $0.3396

Resistance: $0.4040 / $0.4195 / $0.4400

Pivot Level (BOLL MB): $0.3718

Pro Tip

If INIT breaks and closes above $0.4200 on high volume, consider adding to your position on retest of that level. However, if the price struggles near $0.4040–$0.4195 with weakening volume, consider partial profit booking.

#BTCBreaksATH #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval #TrumpTariffs