$INIT /USDT – Momentum Shift! Bullish Momentum Awakens!
Current Price: $1.1606 (+4.15%)
$INIT is gaining steam after bouncing off its 24h low of $1.0461. Layer 1 bulls are stepping in strong with consistent higher lows and decent buy volume!
📊 Trade Setup:
Entry Zone: $1.14 – $1.17
TP1: $1.21
TP2: $1.28
TP3: $1.35
Stop Loss: $1.09
📈 Market Insight:
The price is pressing against minor resistance near $1.17, with increasing volume (41.66M INIT / $46.96M USDT). If it breaks and holds above $1.17, a continuation to the upside is likely. Watch for strength on 1H candles.
💡 Pro Tip:
Look for a clean close above $1.17 with rising volume for confirmation. Adjust stop loss to breakeven once TP1 hits. Risk/reward looks promising on this setup!
Layer 1 bulls are stirring — get ready for the next leg up!
Buy And Trade Here On $INIT
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