$INIT /TRY 4H Trade Setup

Market Insight: $INIT is showing strong bullish momentum in the TRY pair, up +16.42% with increasing volume and a fresh high at 17.26. Price is trading above both short-term moving averages, signaling strength.

Entry Zone:

🔹 16.10 – 16.76 (pullback area near support and MA zones)

Targets:

🎯 T1: 17.50

🎯 T2: 18.20

🎯 T3: 19.10

Stop Loss:

❌ 15.45 (below support and MA cluster)

Key Levels:

Support: 16.10 / 15.45 / 14.79

Resistance: 17.26 / 17.50 / 18.20

Pivot: 16.76

Pro Tip:

Watch for volume confirmation on a break above 17.26. A breakout with increasing volume could lead to rapid movement toward T2.

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