$INIT /USDT BULLISH CONTINUATION SETUP – MOMENTUM IN CONTROL
$INIT /USDT is showing strong bullish structure after a sharp impulse move. Price remains above the Supertrend support, confirming trend strength. Volume expansion above its moving averages signals active participation from buyers. MACD is positive with bullish histogram expansion, indicating momentum continuation rather than exhaustion. The pullback is corrective, not distributive, suggesting the next move favors upside continuation.
Market Bias: Bullish
Trade Type: Long
Entry Zone: 0.0940 – 0.0970
Target 1: 0.1085
Target 2: 0.1140
Target 3: 0.1215
Stop Loss: 0.0860
Risk Management:
Risk only 1–2% per trade. Move stop to breakeven after TP1 is hit and trail profits to protect capital in case of volatility.
#TechnicalAnalysis #CryptoTrading #BullishTrend #PriceAction #momentum
