$INIT Now trading for huge profits 💯, as it is set to rise further.
Bullish entry zones:
1. Pullback entry (conservative):
$0.600 – $0.650 (potential retest zone and psychological support)
Why? After a significant increase, a brief healthy pullback often provides golden re-entry opportunities.
2. Breakout entry (aggressive):
Above $0.700 (new high confirms strength, may trigger FOMO)
Profit targets:
1. $0.7200 – immediate short-term target (24-hour high)
2. $0.7400 next psychological resistance zone
3. $0.7600 – parabola potential if volume surges and trend remains intact
Stop-loss suggestion:
$0.550 – below major support to filter out false breakouts
If trading leveraged positions, use tighter stop-loss (e.g., $0.580)
Market analysis:
+243.50% increase: indicates strong market confidence, possibly driven by first-layer speculation
Huge trading volume: $204M in 24 hours – confirms severe interest and liquidity
Structure: Holding above $0.600 keeps bulls firmly in control
Technical confirmation hints:
RSI: RSI
Volume: Buying volume increases during declines = bullish continuation
Trade here 👉🏻 $INIT
