$INIT /USDT
📊 INIT/USDT Snapshot (as of July 3, 2025)
Current Price: $0.4785
24H Change: +19.21% 🚀
24H High: $0.4966
24H Low: $0.3948
Volume:
INIT: 29.20M
USDT: 13.24M
Current Structure Range:
Resistance: $0.4966 – $0.5010
Support: $0.4434 – $0.4626
✅ Trade Setup: Bullish Bias (Momentum Play)
🔹 Option A: Pullback Entry
Entry Zone: $0.4620 – $0.4700
Watch for a bounce (e.g., bullish candle on 15m/1h)
Ideal if market cools down before continuation
🔹 Option B: Breakout Entry
Entry: Break and close above $0.5010 with strong volume
Could trigger a continuation rally if market sentiment holds
🛑 Stop-Loss (SL)
Conservative SL: Below $0.4430 (key structure support)
Aggressive SL: Below $0.4550 (just under recent pullback)
🎯 Take-Profit Targets
TP1: $0.5150 (initial breakout target)
TP2: $0.5400 (based on momentum extension)
TP3: $0.5650 – $0.5800 (if volume remains strong and FOMO kicks in)
🧨 Alternate Bearish Setup (Fade the Pump)
If INIT fails at $0.4966–$0.5010 zone (double top, bearish divergence):
Short Entry: $0.4950–$0.5000
SL: Above $0.5080
TP1: $0.4700
TP2: $0.4550
TP3: $0.4380
📌 Technical & Market Notes
+19.21% gain signals strong buyer interest — might be part of a low-cap pump or breakout.
Resistance zone: $0.4966–$0.5010 = key watch level.
Volume is significant for INIT — look for continuation patterns (flags, pennants, or consolidations).
Use 15m/1h candles for micro-confirmation; 4H trend still bullish.
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