$INIT – Bullish Momentum Building Toward Breakout 🚀
$INIT is up 13.12%, now trading at $0.4199, rebounding strongly from the $0.3699 low. The 4H chart shows a solid uptrend backed by volume.
🔹 Long Setup:
• Entry: $0.4170 – $0.4200
• TP1: $0.4280
• TP2: $0.4380
• TP3: $0.4500
• SL: $0.4080
🔍 Technicals:
Price is testing the $0.4232 high. Bullish candles + rising structure signal potential breakout.
✅ Strategy:
• Use tight stop
• Take profits at targets
• Watch for volume + breakout confirmation