#EthereumFuture

Through the analysis of the chart for the INIT/USDT pair on a 1-minute timeframe, here are the important technical observations:

Buy Signal:

The price is above the moving averages (EMA 7 and 25), indicating a short-term upward trend.

The MACD indicator shows a positive crossover (the blue line DIF is above the pink line DEA), which is a buy signal.

The RSI indicator at 57.42 is still in the neutral zone, indicating room for upward movement.

The Stoch RSI indicator is still in the high zone but has not crossed down yet.

=> Confirmed short-term buy signal if the price remains above EMA 7 (0.9483).

Take Profit Targets (TP):

First target: 0.9660 (Resistance close to the previous peak)

Second target: 0.9850 (Near the previous peak 0.9857)

Third target (ambitious): 1.000 if the previous resistance is strongly broken and accompanied by high trading volume.

Stop Loss (SL):

Breaking EMA 25 (0.9433) or closing below it may be a quick exit signal.

Proposed SL: 0.9400 (technical safety).