$INIT / USDT — Bullish Continuation Setup
INIT is maintaining a strong bullish continuation structure after breaking above a key resistance zone with solid volume support. Price is holding above previous supply, which has flipped into support, signaling strength and increasing probability of continuation toward higher liquidity levels.
Market Structure & Momentum • Bullish breakout with volume expansion
• Higher high and higher low structure intact
• Resistance turned support holding firmly
• Momentum favors buyers on pullbacks
Trade Idea: LONG (Trend Continuation)
Entry Zone:
0.097 – 0.102
Targets:
TP1: 0.111
TP2: 0.125
TP3: 0.145
Stop Loss:
SL: 0.090
Risk Management
Risk only 1–2% per trade. Wait for pullback confirmation before entry. After TP1, trail the stop loss to protect profits while allowing the trend to extend.
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