I’m still waiting for 1$

$INIT /USDT

Current Price: $0.8162

24h Range: $0.6502 – $0.9857
Volume (24h): 245.76M INIT / 205.54M USDT
MA60: 0.8124
Short-Term MAs:

MA(5): 63,530.4

MA(10): 90,817.1

Observations:

Momentum: Up +18.48%, so INIT is clearly trending up today.

Price vs MA60: Trading just above the 60-period moving average on 15m/1h timeframe — bullish sign.

Support Levels:

$0.8088

$0.8019

Stronger support around $0.7950–$0.8000 zone

Resistance Levels:

Immediate resistance at ~$0.8294

Next strong zone near today’s high: ~$0.9857

Possible Trade Setup (Short-Term, Intraday or 4H Swing):

Bullish Bias – if market structure holds

Entry: $0.812–0.818 range (current price zone)
Stop-Loss: Below $0.7950
Target 1: $0.85
Target 2: $0.88
Target 3 (Aggressive): $0.96–0.98 (if volume pushes up again)

Risk-Reward (Target 1): Approx. 1.5–2R
Confirmation: Watch volume and 1H candle close above $0.8294 for continuation.
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