$INIT /USDT – Momentum Reload After Healthy Pullback! 🚀
$INIT witnessed a strong surge earlier, touching 0.4232 before retracing back for a consolidation phase. Price is now regaining momentum near 0.4018 with buyers stepping back in. If volume increases, another breakout leg can be expected toward recent highs and beyond.
Support and Resistance
• Resistance: 0.4080
• Support: 0.3930
Trade Setup
• Entry Zone: 0.3980 – 0.4020
• Stop Loss: 0.3915
🎯 TP1: 0.4100
🎯 TP2: 0.4180
🎯 TP3: 0.4280
Pro Tip: Look for bullish engulfing candles on lower timeframes before confirming your long entry for best accuracy!
#ProjectCrypto #TrumpTariffs #MarketPullback #WhiteHouseDigitalAssetReport #FOMCMeeting