$INIT /USDT – Bullish Breakout with Fresh Long Opportunity
#INIT has broken key resistance and is now trading at $0.3817, up over 10% in the last 24 hours. The volume and price action suggest strong bullish control, with the price hitting a high of $0.3826 and forming higher lows over time.
This breakout offers a fresh long trade setup as momentum builds.
INIT/USDT Long Trade Setup
Entry Zone: $0.3780 – $0.3840
Stop Loss: Below $0.3590
Target 1: $0.3880
Target 2: $0.3940
Target 3: $0.4000
Technical Overview
Clear breakout above consolidation
Strong bullish candles with volume pickup
Higher low structure intact
This setup favors spot and futures traders looking for trend continuation. Manage risk and trail stops as it moves toward targets.