$INIT /USDT BULLS ARE BACK IN CONTROL – WATCH FOR A POTENTIAL BREAKOUT!

$INIT /USDT is currently trading at $0.9082 and has shown a strong bullish bounce from the previous consolidation zone. Price action is respecting the ascending channel, and the recent breakout retest around $0.90 suggests continuation toward higher levels. Buyers are gaining strength, and a breakout above $0.9129 could trigger another upward wave.

Trade Setup:

Entry: $0.9080 – $0.9120

Take Profit (TP): $0.9500 / $0.9730

Stop Loss (SL): $0.8850

Market Outlook:

If the price holds above $0.90 support and breaks $0.9129 resistance, we could see INIT/USDT pushing toward $0.95+ levels quickly. However, failure to hold $0.90 could trigger a deeper retest toward $0.85 support. Tight risk management is essential in this setup.

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