BlockchainBaller
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$INIT Ignites a Green Rocket +10% and Climbing Fast....
$INIT has launched a powerful bullish move, now trading at $0.3967, up +10.59% on the day with a breakout candle punching through resistance. The 1H chart shows a textbook reversal and momentum spike, backed by 20.87M volume and growing.
Buy and sell pressure is nearly balanced (49.63% vs 50.37%), but the sudden surge indicates bulls are taking charge.
🔹 Long Trade Setup (1H Timeframe):
Entry Zone: $0.3920 – $0.3970
Stop Loss: $0.3830
Target 1: $0.4080
Target 2: $0.4230
Target 3: $0.4400
Pro Tip: If INIT breaks above the 24H high of $0.4027 with strong volume, expect momentum-driven continuation. Eyes on this Layer 1 gainer — it's heating up fast!
$INIT has launched a powerful bullish move, now trading at $0.3967, up +10.59% on the day with a breakout candle punching through resistance. The 1H chart shows a textbook reversal and momentum spike, backed by 20.87M volume and growing.
Buy and sell pressure is nearly balanced (49.63% vs 50.37%), but the sudden surge indicates bulls are taking charge.
🔹 Long Trade Setup (1H Timeframe):
Entry Zone: $0.3920 – $0.3970
Stop Loss: $0.3830
Target 1: $0.4080
Target 2: $0.4230
Target 3: $0.4400
Pro Tip: If INIT breaks above the 24H high of $0.4027 with strong volume, expect momentum-driven continuation. Eyes on this Layer 1 gainer — it's heating up fast!
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