$INIT /USDT BULLISH SURGE – READY FOR A RANGE BREAKOUT!
$INIT is currently trading at $0.7521, gaining +5.80% today and building momentum near key resistance at $0.7662. After bouncing from the $0.7063 low, bulls are now tightening control as volume rises and price compresses toward a potential breakout.
Trade Setup (LONG):
Entry Zone: $0.7450 – $0.7600
Target 1: $0.7900
Target 2: $0.8250
Stop Loss: $0.7200
Why Long?
Strong daily recovery off support with growing volume signals renewed interest. If INIT clears $0.7662 resistance, it opens the door for a fast move toward $0.80+. Lower wicks on the 4H candles reflect solid buyer defense.
Risk Management Tip:
Stay strict with stop-loss at $0.7200 — don’t hold past invalidation. Always adjust SL upward as profit builds!
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!