๐ฟ Currency / Symbol: INIT ๐ช $INIT
๐ผ Recommendation: SPOT Trading ๐ Instant
๐ธ Buy / Entry: 0.1270 โ 0.1295
๐ The currency shows upward momentum after breaking the short-term resistance of 0.1290, with the formation of a rising bottom confirming strong buyer entry and a gradual continuation of the positive trend towards higher levels.
๐ฒ Targets (Take Profit) ๐ฐ
๐น First Target: 0.1325
๐น Achieving it confirms the beginning of the short-term upward wave.
๐ฃ Second Target: 0.1360
๐ธ Surpassing it indicates continued buying momentum towards higher areas.
๐ Third Target: 0.1405
โช๏ธ The highest target for the current wave, provided it stays above the support area.
โโโ ๐จ โโโโ
๐ก Stop Loss: 0.1230
๐น Breaking this level temporarily invalidates the bullish scenario.
๐ Currency Analysis ๐
The INIT currency has shown a clear breakout of the resistance area with strong buying momentum, supported by the formation of rising bottoms, which enhances the probability of gradually targeting the specified goals, God willing.
๐ก Capital Management Advice:
Do not exceed 10% of the capital in the trade, and start securing profits gradually from the first target.
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โ๐ป ๐๐ป. ๐๐ฑ๐ช๐ผ๐ผ๐ช๐ท ๐
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