$INIT /USDT LONG TRADE SIGNAL – STRONG UPSIDE MOMENTUM IN PLAY
Entry Price: $0.5734
Target 1: $0.6178
Target 2: $0.6718
Target 3: $0.7135
Stop Loss: $0.5099
Why Long?
$INIT is showing powerful bullish momentum with a +12.72% gain, currently trading at $0.5734. After rebounding from the $0.4682 low, the price surged to challenge the $0.5779 intraday high, confirming a breakout from previous resistance zones.
With strong 24-hour volume (48.79M INIT traded), the move appears to be backed by real buying interest, not just a short squeeze. If bulls sustain control above the $0.5700 range, INIT could push toward the next resistance levels at $0.6178 and $0.6718.
Technical Outlook:
INIT is forming a clean uptrend with bullish volume spikes. Immediate support lies between $0.5639 and $0.5099, and any dip into this zone may offer a secondary entry for trend-followers.
Risk Management Tip:
As soon as the first target is reached, consider trailing the stop-loss to break-even or locking partial profits to reduce risk exposure.
Buy and Trade here on $INIT
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