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*$INIT Bounce Potential! 🚀*
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$INIT has pulled back sharply from the $0.7980 resistance but is now showing early signs of recovery with higher low candles.
*Key Metrics:*
- *Current Price:* $0.7365 (+3.97%)
- *24H High:* $0.7980
- *24H Low:* $0.6852
*Trade Setup:*
- *Entry Zone:* $0.7300-$0.7400
- *Target 1:* $0.7600
- *Target 2:* $0.7850
- *Target 3:* $0.8000
- *Stop Loss:* $0.7050
*Market Analysis:*
The volume surge on recovery candles signals interest returning after the dip, possibly setting up a second leg upward. Watch for bullish engulfing confirmation on the 30m chart before going heavy. $INIT could reclaim momentum fast – stay sharp and position smartly!
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