๐จ $INIT /USDT โ Breakout Brewing or Just Hype? ๐ฅ
$INIT is catching serious momentum, surging up to $0.5462! But the question is โ can it push higher or is a retracement coming? Letโs break it down.
๐ Market Overview
๐ Current Price: $0.5400
๐ 24h High: $0.5462
โ๏ธ 24h Low: $0.4427
๐ Parabolic SAR: $0.4856 (Uptrend still intact!)
๐ MACD Momentum:
DIF: 0.0175 (Strong bullish pressure)
DEA: 0.0124
MACD: 0.0051 (Positive crossover in play)
๐ INIT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If INIT Holds Above $0.52):
Entry: Above $0.5400
Targets: $0.5620, $0.6000, $0.6450+
Stop-Loss: $0.5050
๐น Bearish Scenario (If INIT Breaks Below $0.5050):
Entry: Below $0.5050
Targets: $0.4750, $0.4470, $0.4200
Stop-Loss: $0.5400
๐ Should You Hold or Sell?
โ Holding above $0.52 = bullish confirmation!
โ MACD shows growing upside strength.
โ ๏ธ Watch for a break below $0.5050 for short-term correction.
๐ก Pro Tip:
๐ A breakout above $0.5620 could ignite a rally toward $0.6000+
โ ๏ธ Look for volume to confirm the breakout โ low volume = likely rejection.
๐ข Whatโs Your MoveโBuying, Holding, or Waiting? Letโs discuss in the comments!
๐ฅ LIKE & SHARE for more premium crypto setups! ๐
