$INIT — Buyers are driving an impulsive upward move with strong volume after rejecting lower prices and absorbing supply in the falling wedge consolidation, while sellers fail to establish lower highs.

Bias: Long $INIT

Trade Setup
Entry: 0.102 – 0.107
Stop Loss: 0.098
TP1: 0.115
TP2: 0.125
TP3: 0.140

Market Insight
Price is testing the upper boundary of the falling wedge on the 4H, where recent impulsive candles reflect a momentum shift and buyer control following a liquidity sweep below the 0.0857 swing low. The move shows demand absorption and potential bullish structure break (BOS) above wedge resistance, with invalidation on sustained rejection back into the wedge support zone around 0.095–0.098, which would indicate corrective continuation rather than reversal. This setup presents favorable risk-to-reward given the measured wedge targets and shallow pullbacks observed.


Watching how price reacts at this level, execution matters.

Levels based on structure and momentum, not prediction.

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