🚀 $INIT /USDT – Gearing Up for a Breakout!

📊 Momentum Analysis

INIT is showing bullish momentum with steady buying pressure. Price rebounded from the $0.41 zone and is testing the $0.45 resistance. A breakout above $0.46 could ignite further upside.

📈 Long Setup

Entry Zone: $0.4400 – $0.4550

Targets:

🎯 T1: $0.4750

🎯 T2: $0.4950

🎯 T3: $0.5250

Stop Loss: $0.4140

✅ Breakout Confirmation

Confirmation Level: $0.4600

Key Support: $0.4140

Trend: Short-term bullish; potential mid-term uptrend if volume sustains.

💡 Pro Tip for Traders

Watch the order book depth — strong bids at $0.4293 and $0.4464 suggest accumulation. If INIT holds above $0.45 on 4H close with volume > $7M, expect volatility to spike.

📌 INIT/USDT Snapshot

Price: $0.4464

24h Change: +2.43%

24h High / Low: $0.4576 / $0.4176

24h Volume:

INIT: 14.19M

USDT: 6.20M

Recent Depth Levels:

Resistance: $0.4899, $0.4747, $0.4596

Support: $0.4464, $0.4293, $0.4141

Timestamps:

July 17, 17:00

July 18, 14:00

July 19, 11:00

🔥 Hashtags

#INIT #AltcoinBreakout #CryptoTrading #INITUSDT #Layer1