$INIT has successfully flipped the previous resistance zone into support near the 0.74ā0.75 range, signaling a bullish reversal. The price action has formed higher lows with strong momentum, and the breakout retest is showing strength. With volume picking up, bulls are likely to push price toward the next resistance.
Trade Setup:
Long Entry: 0.7570 ā 0.7600
Take Profit: 0.7984
Stop Loss: 0.7401
Market Outlook: Momentum is building above the support base, indicating a potential rally continuation. Risk-to-reward ratio favors long entries. As long as price holds above 0.74, bulls retain full control.
Command: Ride the bullish wave, donāt miss the move!
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