$INIT 🔻💥 INIT/USDT – FROM CLIMAX TO COMEBACK? 💥🔻

After the Flash Spike, Is INIT Preparing a Hidden Reversal? 🧐⚡

📍 Current Price: $0.4973

📉 24H Change: -2.81%

🔼 24H High/Low: $0.5924 / $0.4875

📊 Volume (24H): 144.26M INIT

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📊 1-Hour Chart Insights (Decoded Like a Pro) 🧬🔍

🟥 Price Action:

Brutal rejection at $0.5921 🔺

Now retesting EMA99 ($0.4958) – critical pivot zone

Wick support at $0.4882 shows dip demand 🧲

🟡 MACD:

Histogram shrinking, bears weakening 🐻

MACD lines near crossover zone – eye on reversal candle 📉🔄

🟠 RSI:

Dropped to oversold territory (~23%) – potential bounce?

First recovery candle could trigger panic buys ⚠️

🟢 Stochastic RSI:

Super low + turning up = early bounce radar ON 📡

Bullish divergence likely forming

🟣 OBV:

Falling = exit pressure, but flattening — potential accumulation phase 🍃

Watch next volume candle for hint of direction

🔵 Bollinger Band:

Price touched lower band = classic mean reversion setup 💫

#MemecoinSentiment

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💣 FUTURES TRADING STRATEGY – CLEAN + HIGH PROBABILITY 💣

🎯 Setup: Reversal Scalper (Short-Term Opportunity Sniper)

💥 Leverage: 3x–5x MAX

#USCryptoWeek

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🔹 LONG ENTRY PLAN (Reversal Play)

📍 Entry Zone: $0.4920 – $0.4970

📍 Trigger: Bullish engulfing candle + MACD green dot

🎯 TP1: $0.5090 (EMA25 resistance)

🎯 TP2: $0.5220 (mid-range reclaim)

🛡️ SL: $0.4860 (just below wick support)

✅ Confirmation Checklist:

MACD turns green 🔄

RSI climbs above 30

OBV flattens or rises

Candle closes above EMA99

#BTC120kVs125kToday

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🔻 SHORT PLAN (IF BREAKDOWN CONTINUES)

📍 Entry: Below $0.4860 with volume

🎯 TP: $0.4720 – $0.4600

🛡️ SL: $0.4980

#Initia

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⚡ VIBES CHECK

INIT just faced a harsh selloff, but the oversold signs are ringing loud 🛎️📉. Whether it bounces hard or bleeds more, smart traders play the reaction — not the emotion 🎯

#INIT $INIT