$INIT Breakout Snapshot

Current Price: $0.3238

Resistance: $0.3291

Support: $0.3169

Distance to Resistance: 1.64%

Breakout Probability: 93.4%

Targets: $0.3357 → $0.3456

Stop Loss: $0.3106

Risk/Reward: 0.90

Momentum Signals: ✅ RSI bullish, ✅ MACD bullish

24h Volume: 3.32M (↑482%)

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📝 Trade Note:

INIT is pressing against its resistance at $0.3291 with very strong breakout probability (93%+). Volume has surged nearly 5x in 24h, showing heavy accumulation and trader interest.

💡 Trade Idea:

A clean break above resistance can push INIT towards $0.3357 and then $0.3456. Placing a stop-loss at $0.3106 offers protection in case of a false breakout.

⚠️ Risk Disclaimer:

INIT is displaying high volatility compression (50%+) — this often precedes explosive moves but can also swing sharply against unprotected trades. Risk management is key.

🎯 Trader’s Edge:

Dual momentum confirmation (RSI + MACD).

Exceptional breakout probability paired with spiking volume strengthens bullish case.

Very close to resistance → breakout trigger may happen soon.

🔔 Trigger Alert: Watch for breakout above $0.3291 with strong volume confirmation.

#INIT #MarketPullback #bullish #RedSeptember #GoldPriceRecordHigh