$INIT /BNB 4H Trade Setup
Market Insight: $INIT continues its bullish momentum, now +14.85%, with price breaking above prior resistance to a new local high of 0.000557 BNB. Volume and momentum confirm the uptrend with strong follow-through above moving averages.
Entry Zone:
🔹 0.000524 – 0.000543 (ideal retracement entry if price cools down slightly)
Targets:
🎯 T1: 0.000567
🎯 T2: 0.000585
🎯 T3: 0.000612
Stop Loss:
❌ 0.000505 (below recent structure and MA confluence)
Key Levels:
Support: 0.000524 / 0.000505 / 0.000486
Resistance: 0.000567 / 0.000585
Pivot: 0.000543
Pro Tip:
If price breaks and closes above 0.000567 on high volume, consider adding to position or trailing stop to lock in profits.
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