After a massive increase of 41%, $INIT
maintains strength above the breakout area and the bulls are not retreating. The price has regained key levels with support from volume, paving the way for another explosion.
$INIT is preparing for the next bullish phase! 🚀🔥
📈 Trade setup (Long)
• Entry point: 0.5293 – 0.5343
• 🎯 TP1: 0.5468
• 🎯 TP2: 0.5773
• 🛡 SL: 0.5108
📊 Forecast:
Buyers are strongly defending the retest area. If volume increases, $INIT could quickly surge towards 0.5773. Holding above 0.5293 = bulls in control. Eyes on the upcoming breakout candle!#BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #FOMCWatch