🚨 $INIT /USDT – Breakout Brewing or Just Hype? 🔥
$INIT is catching serious momentum, surging up to $0.5462! But the question is — can it push higher or is a retracement coming? Let’s break it down.
📊 Market Overview
📍 Current Price: $0.5400
📈 24h High: $0.5462
❄️ 24h Low: $0.4427
📊 Parabolic SAR: $0.4856 (Uptrend still intact!)
📉 MACD Momentum:
DIF: 0.0175 (Strong bullish pressure)
DEA: 0.0124
MACD: 0.0051 (Positive crossover in play)
📈 INIT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If INIT Holds Above $0.52):
Entry: Above $0.5400
Targets: $0.5620, $0.6000, $0.6450+
Stop-Loss: $0.5050
🔹 Bearish Scenario (If INIT Breaks Below $0.5050):
Entry: Below $0.5050
Targets: $0.4750, $0.4470, $0.4200
Stop-Loss: $0.5400
🔍 Should You Hold or Sell?
✅ Holding above $0.52 = bullish confirmation!
✅ MACD shows growing upside strength.
⚠️ Watch for a break below $0.5050 for short-term correction.
💡 Pro Tip:
🚀 A breakout above $0.5620 could ignite a rally toward $0.6000+
⚠️ Look for volume to confirm the breakout — low volume = likely rejection.
📢 What’s Your Move—Buying, Holding, or Waiting? Let’s discuss in the comments!
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