$INIT Breaking Out Momentum is Heating Up đđ
$INIT is showing strong upside momentum with over +10% gains today, signaling a potential trend reversal after weeks of correction. The recent breakout above $0.4400 confirms renewed buyer strength.
đ Long Trade Setup:
Entry Range: $0.4420 â $0.4480
Stop Loss: $0.4310
Target 1: $0.4650
Target 2: $0.4820
Target 3: $0.5000
Market Insight:
The 1H chart shows a clean staircase pattern with strong green candles and rising volume. Bulls are stepping in aggressively. If price holds above $0.445, continuation is likely.
Risk Tip: Always use stop loss and scale in with proper risk management.
