$INIT

a solid rebound setup on $INIT — a sharp 18.48% bounce off well-established support at $1.2360 signals strong buyer interest. The current entry zone ($1.3100–$1.3200) gives a decent risk/reward ratio, especially with TP1 and TP2 positioned near recent resistance levels.

Quick Breakdown:

Bullish Signal: Strong bounce + reclaim of the $1.31 zone.

Volume/Price Action: Look for continued rising volume to confirm follow-through.

Risk Management: SL below $1.2780 is tight but allows for protection in case of a fakeout.

Holding above $1.2780 keeps bulls in control. If $1.3550 breaks cleanly, momentum could push toward that $1.3796 high and possibly beyond.

buy and trade here $INIT .