$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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