Post
BlockchainBaller
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$INIT Strong Bullish Surge Toward Breakout Zone.....
$INIT is trading at $0.4577, up +6.42% today, after a powerful rebound from its $0.4111 low. Price action shows consecutive strong green candles with momentum pushing toward the $0.4629 resistance. Buy orders hold a slight edge at 52.56%, indicating continued bullish interest.
Long Entry Zone: $0.4560 – $0.4578
Stop Loss: Below $0.4490
Targets:
TP1: $0.4629 (recent resistance)
TP2: $0.4700
TP3: $0.4780
A decisive breakout above $0.4629 with volume could trigger an extended rally, while failure to hold above $0.4500 may invite short-term pullbacks.
$INIT is trading at $0.4577, up +6.42% today, after a powerful rebound from its $0.4111 low. Price action shows consecutive strong green candles with momentum pushing toward the $0.4629 resistance. Buy orders hold a slight edge at 52.56%, indicating continued bullish interest.
Long Entry Zone: $0.4560 – $0.4578
Stop Loss: Below $0.4490
Targets:
TP1: $0.4629 (recent resistance)
TP2: $0.4700
TP3: $0.4780
A decisive breakout above $0.4629 with volume could trigger an extended rally, while failure to hold above $0.4500 may invite short-term pullbacks.
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