$INIT USDT – CONSOLIDATION AFTER BOUNCE! LONG TRADE BUILDING UP
RECOVERY FROM $0.5000 LOW
EMA CLUSTER FLATTENING FOR BREAKOUT
$INIT USDT bounced off a key support at $0.5000 and is now consolidating just above all major EMAs (7, 25, 99) on the 15M chart. EMAs are compressing tightly – a common sign of breakout readiness. A break above $0.5200 could trigger a short squeeze into the previous range.
LONG ENTRY: $0.5190
TARGETS: $0.5320 / $0.5460
STOP LOSS: $0.5070
Patience is key as volume builds. Watch for a strong 15M candle close above resistance to confirm momentum.
#INITUSDT #BinanceFutures #CryptoSetup #BreakoutWatch #ScalpTrade