$INIT /USDT LONG Setup (Momentum Continuation)
Entry Zone: $0.0935 – $0.0955
Stop Loss: $0.0890
Take Profits:
• TP1: $0.0995
• TP2: $0.1040
• TP3: $0.1100
trade here $INIT
INITUSDT
Perp
0.09514
-1.24%
Why this setup:
Price is pushing near 24h high ($0.0961) with strong bullish momentum (+14%). Short-term trend is upward on lower timeframes, and holding above $0.093 shows strength. If breakout sustains, continuation move likely.
Alternative (Bearish Case):
If price loses $0.089 support, expect pullback toward $0.085–$0.083 demand zone.
Strategy Tip:
Wait for a small pullback or breakout confirmation above $0.096 for safer entry. Avoid chasing high volatility spikes.