#INIT USDT BULLS HOLDING STRONG – GET READY FOR THE NEXT BREAKOUT LEG!
#INIT is consolidating tightly above the 0.88 support, building strength for another bullish leg. The structure on the 15-min chart shows a healthy retest of lower support zones, followed by strong wick rejections and a bounce. With increasing buying pressure and volume support, this setup favors a breakout above resistance near 0.90 and continuation toward new highs.
Trade Setup:
Long Entry: 0.8840 – 0.8880
Take Profit (TP): 0.9495
Stop Loss (SL): 0.8674
Outlook:
The price is forming higher lows, and bulls are defending key support levels near 0.85. If volume sustains, we expect continuation to the upper resistance with minimal drawdown. Caution is advised around 0.90 resistance, but breakout strength favors the bulls.
Command:
Ride the bullish momentum — don’t miss this breakout wave!