$INIT /USDT TRYING TO STABILIZE AFTER SHARP VOLATILITY!
INIT saw strong moves earlier but faced heavy rejection near the $0.94 level. Currently stabilizing around $0.879, price action suggests a potential base formation. A hold above $0.87 could trigger a recovery attempt toward key resistance levels.
Trade Setup:
Entry Zone: $0.875 – $0.885
Take Profit (TP): $0.905 / $0.930
Stop Loss (SL): $0.860
Market Outlook:
INIT is in a crucial zone where support must hold for bullish momentum to resume. A clean breakout above $0.90 would strengthen the case for higher upside. Trade carefully with tight stop losses due to recent volatility.
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