$INIT /USDT Bull run alert 💯 🔥
BULLISH SETUP: BUYERS GEARING UP FOR A POTENTIAL REVERSAL!
After a prolonged downtrend, $INIT/USDT is showing early signs of a possible bullish reversal on the 30-minute timeframe. The price has formed a short-term bottom around the $0.68 level and is now pushing above minor resistance at $0.7080. The consistent higher lows and current green candle indicate increasing bullish momentum.
Trade Setup:
Entry (Long): $0.7070 – $0.7100
Take-Profit Targets:
TP1: $0.7350
TP2: $0.7550
Stop-Loss: $0.6880
Market Outlook:
Momentum is shifting as buyers reclaim control from short-term bears. If price sustains above the $0.7100 zone, a bullish breakout toward the $0.7350 region is likely. However, traders should trail SLs as resistance levels near.
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