$INIT /USDT Bull run alert ๐ฅ๐ฏ
BULLISH REVERSAL BREWING โ BUYERS STEPPING IN NEAR SUPPORT ZONE!
$INIT just bounced from the key intraday low of $0.7021, showing signs of reversal after a prolonged downtrend. Price action on the 30-minute chart shows a bullish engulfing candle forming right at support, indicating fresh buyer interest. If momentum continues, we could see a short-term bullish rally.
Trade Setup (LONG):
Entry: $0.7100 โ $0.7150
Target 1: $0.7380
Target 2: $0.7620
Stop Loss: $0.6950
Market Outlook:
Downtrend pressure is cooling as RSI flattens and bullish candles emerge from support. Volume is building gradually, suggesting this bounce could evolve into a short-term recovery. A close above $0.7300 will confirm bullish continuation.
Risk Management Tip:
Keep tight SL below recent support and scale out at resistance. Donโt overleverage on early reversals โ confirmation is key.
Donโt let this vertical breakout leave you behind โ smart entries now can lead to explosive exits!
This is your moment โ ride the bullish wave before it vanishes.
buy and trade here on $INIT
