$INIT USDT – BULLISH REVERSAL UNDERWAY! READY FOR A MOVE?
HIGHER LOW FORMED. BUYING PRESSURE INCREASING.
$INIT bounced strongly off the $0.4553 support zone and is now pushing above $0.50 with solid green momentum on the 4H chart. Volume is climbing, signaling increasing buyer interest after consolidation.
Trade Setup:
Long Entry: $0.4980 – $0.5040
Target 1: $0.5300
Target 2: $0.5620
Stop Loss: Below $0.4860
The structure shows a potential bullish reversal with volume confirmation and no rejection at resistance yet. Eyes on continuation if it clears $0.5052 with strength.
Market Outlook:
Momentum has shifted in favor of bulls. A clean break above local resistance can ignite a breakout rally.
