$INIT /USDT – 4H Trade Setup: Breakout Watch in Progress 🟢🚨

Market Insight:

$INIT is currently trading at $0.4172, posting a modest +0.26% gain. Price is consolidating just below the key resistance level at $0.429, while volume remains slightly below the 10-candle average. This setup hints at a potential breakout if fresh buyers step in with strength.

📈 Trade Setup (4H Long Idea):

Entry Zone: $0.405 – $0.417

(Ideal accumulation area near previous breakout levels and support)

🎯 Target 1: $0.428

🎯 Target 2: $0.435

🎯 Target 3: $0.447

🛑 Stop Loss: $0.394

(Below key 4H support and recent local low)

$INIT

🔑 Key Technical Levels:

Support: $0.3965 / $0.3945

Resistance: $0.4288 / $0.4374

Pivot Level: $0.4202

📌 Pro Tip:

A 4H candle close above $0.429 with strong volume (>75K) could confirm a bullish breakout, targeting the $0.44+ zone.

Avoid entries near resistance on weak volume or rejection wicks — wait for confirmation to reduce the risk of a false breakout.

🟢 Long Trade 🟢 – Momentum is tightening. Breakout could be near if volume aligns.

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