$INIT USDT – STRONG BULLISH REVERSAL ZONE APPROACHING!
$INIT is approaching a key horizontal support zone around $0.4180–$0.4200 — historically a strong bounce area. Volume shows exhaustion in the sell pressure, and if this support holds, we could see an explosive bullish reversal.
Chart shows a classic liquidity sweep and bounce setup, with a potential 85% chance of initiating a strong upward impulse from this level. Get ready!
Trade Setup:
Entry Zone: $0.4190 – $0.4205
Take Profit 1: $0.4319
Take Profit 2: $0.4357
Stop Loss: $0.4138
Market Outlook:
Buyers are likely to defend this level. If support holds, expect a strong bullish rally toward local highs. Watch for volume confirmation and a bullish engulfing candle on the 15m for ideal entry.
#INITUSDT #CryptoSignals #BullishSetup #BinanceSquare #Altcoins
