$INIT – Explosion confirmation! Strong upward movement
Increased trading volume supports the bulls
Closing a 4-hour candle above the structure
Just surpassed a major resistance with a strong green candle, supported by a significant increase in volume. The price has risen from the local low of $0.4176 to a peak of $0.5576, confirming the upward momentum.
Trade setup:
Entry: $0.5446
Targets: $0.5770 / $0.6150
Stop loss: $0.5030
With momentum building and volume confirming the movement, it seems that INIT is ready for further increases. Watch closely for continued movement.
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