Trading Strategy INIT/USDT (06/13/2025):
1. LONG Order (priority):
• Entry: 0.553 (strong support area, bottom from last month)
• Stop Loss: 0.541 (below strong support ~2.5%)
• Take Profit: 0.681 (resistance area near MA200 on H4 timeframe)
• R:R ratio ~ 9:1 – Probability of success: ~65–70%
• Reason:
• The price has dropped sharply to a key support area; if this level holds, the chances of a bounce back are very high.
• Volume decreases as the price approaches the bottom, indicating that selling pressure is waning.
• RSI on H1–H4 timeframe is in the oversold area, beginning to show slight positive divergence.
• This is the "last defense" point of the medium-term uptrend.
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2. SHORT Order (alternative scenario – only activates if the bottom is broken):
• Entry: 0.538 (below support confirming the trend break)
• Stop Loss: 0.550
• Take Profit: 0.432 (previous bottom from April + Fibo extension 1.618)
• R:R ratio ~ 8:1 – Probability of success: ~60% if the support area of 0.540 is clearly broken
• Note:
• Only enter Short if there is a candle closing below 0.540 with high volume.
• This is a breakdown confirming the shift to a long-term downtrend.
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⚠️ Warning:
• This is an extremely important area: both a technical bottom and the boundary between uptrend and downtrend.
• If 0.541 is broken with high volume, you should immediately cut Long and switch to Short without hesitation.