🚀 INIT/USDT Chart Breakdown: Is $1.00 Next?

Hey crypto fam! The $INIT Trading Challenge is here with a massive 65,700 INIT prize pool! Ready to try futures trading? It’s your chance to dive in, have fun, and win free INIT tokens. New to Futures (pre-April 28, 2025)? You can split 12,000 INIT just for starting! Here’s how:

1) Click “Join Now ” on the challenge page.

2) Make your first trade—any size—on a USDⓈ-M Contract.

3) Trade 500 USDT worth of INIT USDⓈ-M Contract.

4) Grab up to 12 INIT in rewards! It’s beginner-friendly, and @Initia 🪢 is buzzing on X, so you’re in early.

Sign up, unlock Futures and trade to win.

Current Price: $INIT is at $0.7552.

Resistance Levels: Watch the $0.7880 mark (24h high) and $0.7966 (MA) as potential resistance.

Support Levels: Look for support around $0.6171 (24h low) and $0.6838 (EMA).

Potential Targets:

Short-term: Aim for $0.80 to $0.85 if it breaks resistance.

Long-term: With growing volume (79.11M INIT), INIT could push toward $1.00 if momentum holds.

Stop-Loss Suggestions:

Support Level: Set a stop-loss just below $0.6171.

Percentage-Based Stop-Loss: Consider 5-10% below the current price, around $0.68-$0.71.

The chart shows a recent uptrend—perfect for the INIT Trading Challenge! Join now!

#BinanceSquareTalks

Don’t miss this low-risk, high-reward shot! Join now and let’s ride the crypto wave!

#INITTradingChallenge

Note: Futures trading is risky; only use what you can lose. Check rules.