$INIT /USDT – Bullish Momentum Building
Current Price: 0.4017 (+12.77%)
24h Range: 0.3506 – 0.4022
24h Volume: 21.71M INIT / 8.29M USDT
Key Levels
Support Zone: 0.382 – 0.385
Immediate Resistance: 0.405
Next Resistances: 0.420 → 0.438 → 0.460
Moving Averages
MA(7): 0.3983 (near-term support)
MA(25): 0.3827 (bullish confirmation)
MA(99): 0.3674 (long-term base, bullish trend intact)
Trade Setup (Long Bias):
Entry Zone: 0.398 – 0.405
Target 1 (TP1): 0.420
Target 2 (TP2): 0.438
Target 3 (TP3): 0.460
Stop Loss (SL): Below 0.382
Outlook:
INIT has broken into a bullish structure after holding the 0.35 support. As long as price stays above 0.382, upside continuation looks likely with momentum toward 0.42+ levels.