$INIT /USDT – Dip Bought, Momentum Rebuilding! 🚀
Current Price: $0.3994 (+11.60%)
$INIT delivered a strong rally toward the $0.42 zone before facing a sharp rejection. However, bulls quickly stepped back in, absorbing the dip around $0.375 and reclaiming upward momentum. This recovery candle signals renewed interest and a likely second push higher, making this setup attractive for scalpers and momentum traders.
Trade Setup:
• Entry Zone: $0.3940 – $0.4010
• 🎯 TP1: $0.4150
• 🎯 TP2: $0.4300
• 🎯 TP3: $0.4480
• Stop Loss: $0.3840
Pro Tip: A clean breakout above $0.415 with volume could fuel a strong continuation. Keep eyes on resistance flips!
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