$INIT /USDT – Bounce in Progress, Bulls Regaining Control! 🚀📈
Current Price: $0.5100 (+21.05%)
$INIT has rebounded strongly from its 24H low of $0.4191 and is showing solid momentum with back-to-back green candles on the 15-minute chart. The volume surge and clean reversal structure suggest a short-term breakout could be underway if price clears $0.525 convincingly. Traders are eyeing this bounce as a fresh opportunity for upside movement.
Key Levels:
• Support: $0.4800
• Resistance: $0.6100
Trade Setup:
• Entry Zone: $0.5000 – $0.5150
• 🎯 TP1: $0.5450
• 🎯 TP2: $0.5800
• 🎯 TP3: $0.6100
• Stop Loss: $0.4750