$INIT /USDT – Potential of $INIT: Infrastructure for the Future of Web3
$INIT, the token of the Initia platform, is becoming increasingly important for the development of decentralized application (dApp) infrastructure. The current price at $0.13, rising by 6% in the last 24 hours, indicates strong interest in this token. The initiative, supported by Binance, continues to grow through partnerships and integrations in the Web3 ecosystem. With a market capitalization of $5 million, INIT has significant potential for further growth.
Trading Setup:
Entry Zone: $0.12 – $0.14
Target 1: $0.18
Target 2: $0.22
Target 3: $0.25
Stop-Loss: $0.10
Current Price: $0.13
Change in 24 Hours: +6%
Maximum in 24 Hours: $0.14
Minimum in 24 Hours: $0.12
Volume in 24 Hours (INIT): 50M
Volume in 24 Hours (USDT): $6.5M
Action Plan:
Enter at levels $0.12 – $0.14 or on a breakout at $0.14.
Set a trailing stop after $0.18 to protect profits.
Monitor volume for confirmation of further movement.
Tip:
Don't rush into the entry. Wait for confirmation of the breakout through candles on the 4-hour chart. Stop-loss at $0.10 to protect against unforeseen drops.
$INIT cryptocurrency with infrastructure potential?
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