Analysis and Recommendation
Bullish Momentum on $INIT /USDT - Strong Upward Movement! 🚀
The INIT/USDT pair has achieved a strong increase of +14.01% in the last 24 hours, with the current price at $0.4883. The pair has managed to break its highest level in 24 hours at $0.4883, indicating impressive bullish momentum. This is an ideal opportunity for traders to capitalize on the current upward trend. The recent rise from a low of $0.4199 suggests strong buying interest.
Trade Setup:
Entry: Around $0.4850
Target: $0.4950 and possibly $0.50
Stop Loss: $0.4750 (below the recent support)
This currency is moving with strong momentum, and with the current trend, it has a great chance to test higher targets. Be sure to manage your trades carefully, securing profits as the bullish trend continues.