Today’s top gainers on Binance are showing some impressive movements. $INIT has made a strong recovery after a significant dip, bouncing back from the 0.542 bottom to reclaim the 0.55+ zone with over 14% intraday gains. Both the 1-hour and 4-hour charts are showing strong bullish momentum, suggesting that a potential trend reversal could be on the horizon. After a prolonged downtrend, this surge hints at a shift in market sentiment for INIT.
On the other hand, $BMT has surged by more than 24%, bouncing off the $0.09 bottom and breaking through short-term resistance on the 4-hour chart. A bullish engulfing pattern has printed, signaling further upside potential. If this momentum continues, we can see
BMT pushing towards key psychological levels. Keep an eye on the $0.112-$0.114 zone as a potential entry point for new buyers.
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What are your thoughts on today’s top gainers? Do you think INIT and BMT can continue their bullish trends?