$INIT – BOUNCING STRONG FROM SUPPORT, BULLS BACK IN CONTROL

HIGHER LOWS FORMED. BUYING VOLUME PICKING UP.

$INIT just rebounded sharply from the $0.4100 support zone, printing a strong bullish structure on the 1H chart. After a brief dip to $0.4102, price swiftly reversed and is now pushing back toward the $0.4400 resistance. The increasing volume confirms renewed buyer interest, and with momentum building, a breakout above $0.4400 could open doors to the $0.4550–$0.4600 range.

Long Trade Setup

Entry: $0.4260–$0.4280

Target 1: $0.4400

Target 2: $0.4550

Stop Loss: Below $0.4150

As long as $INIT holds above $0.4200, bulls remain in control. Watch for continuation on the next green candle.

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