$INIT /USDT โ Breakout Confirmed, Uptrend Still Strong ๐ฏ ๐ฅ Take entry
INIT is currently trading at $0.4012, showing an explosive breakout from the $0.3725 low with a strong upward move to the 24h high of $0.4027. Price action on the 15m chart confirms extreme bullish momentum, with a massive green candle and significant volume.
Trade Setup:
* Entry Zone: $0.4000 โ $0.4020
* Stop Loss: Below $0.3800
* Target 1: $0.4043 (Previous resistance)
* Target 2: $0.4100
* Target 3: $0.4200
Technical Insight:
INIT has just posted a colossal green candle with a huge surge in volume behind the move. The price has broken through all immediate resistance levels and is now consolidating near the 24h high. This indicates that buyers are in complete control. If it holds above $0.4000, continuation towards $0.4200 remains highly likely.
Watch for volume confirmation and manage your stop loss carefully as the price approaches key resistance zones.