$INIT /USDT – Possible Long Setup
INITUSDT
Perp
0.0874
+5.17%
Buy Zone: 0.0845 – 0.0855
TP1: 0.0866
TP2: 0.0885
TP3: 0.0940
SL: 0.0828
Analysis
The 1H chart is trying to stay above the price EMA(30), the RSI is in the neutral zone (around 46), meaning there is currently no panic selling. The 4H chart is also showing some recovery, and the MACD is shifting to the green side. If it closes above 0.0866, some momentum may come.