trade setup for INITUSDT (Perpetual Futures) based on the 15-minute chart
Trade Setup (Long Bias) Bullish Scenario (Long Entry) Entry Zone: $0.9050 – $0.9100 (on slight dip or breakout above $0.9142)Target 1: $0.9260 (recent resistance level)Target 2: $0.9400 (next fib/resistance)Stop Loss: $0.8910 (below MA(25) and recent minor support) This is a momentum continuation play as long as the price stays above $0.8990 (MA(25) Bias: Short-term bullish, with the trend turning in favor of buyers. Watch for a clean break above $0.9142 for further confirm $INIT #TradingSignals
Bias: Neutral to slightly bullish in the short term if support at $0.8780 holds. However, if volume continues to drop and the price breaks below $0.8600, sentiment could quickly turn bearish. #Write2Earn $WCT
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