$INIT /USDT BUY TRADE SIGNAL – STRONG BULLISH MOMENTUM AT PLAY

Entry Price: $0.5734

Target 1: $0.6178

Target 2: $0.6718

Target 3: $0.7135

Stop Loss: $0.5099

Why Buy?

$INIT is showing strong bullish momentum with a gain of +12.72%, currently trading at $0.5734. After recovering from the low of $0.4682, the price surged to challenge the intraday high of $0.5779, confirming a breakout from previous resistance zones.

With strong 24-hour volume (48.79 million INIT trades), the movement appears to be supported by genuine buying interest, not just a decrease in short positions. If the bulls maintain control above the $0.5700 range, INIT could advance towards the next resistance levels at $0.6178 and $0.6718.

Technical Outlook:

INIT is forming a clear uptrend, with peaks of high volume. Immediate support is between $0.5639 and $0.5099, and any dip in this zone could provide a secondary entry for trend followers.

Risk Management Tip:

Once the first target is reached, consider moving the stop loss to breakeven or locking in partial profits to reduce risk exposure.

Buy and trade here: $INIT

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