$INIT /USDT – Bullish Momentum Building Up
Current Price: $1.17 (+7.92%)
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$INIT is showing strong upward movement, gaining nearly 8% in 24 hours and pushing above all major moving averages (MA7, MA25, MA99). With rising volume and higher lows, bulls seem to be in control.
Potential Long Setup:
Entry Zone: $1.15 – $1.18
TP1: $1.21 (24h High)
TP2: $1.25
SL: $1.12
Strong volume backing the move — $42M in INIT, $47M in USDT
Break above $1.21 could trigger another leg up
Pro Tip: Watch for a 1H candle close above $1.19–$1.21 to confirm bullish continuation. Partial profits at TP1 is smart.
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