$INIT /USDT BULLISH MOVE UNFOLDING — BREAKOUT RETEST IN PLAY!
$INIT is currently trading around $1.1667, showing strength after a sharp breakout from the $1.10 zone. The price is stabilizing above support and gearing up for a continuation toward higher resistance levels, supported by strong 1H structure and volume spike.
Trade Setup (Long):
Entry Zone: $1.1600 – $1.1660
Take Profit Targets:
TP1: $1.1800
TP2: $1.2000
TP3: $1.2200
Stop Loss: $1.1400
Market Outlook:
Momentum remains bullish above $1.15 support. As long as it holds, INIT is well-positioned to retest recent highs. Volume confirmation supports a potential surge toward $1.24 if $1.20 is cleared.
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