Bullish Opportunity Below $0.1

$INIT is at an extremely high discount after a strong price drop. The current price of $0.0938 (below $0.1) is the entry point for bullish strategies.

Reason:

- The RSI indicator is low (37.09), indicating significant room for increase. The price has been sideways, tightly compressed, ready for a breakout reversal.

Target:

- Bet on reclaiming higher resistance levels ($0.12 - $0.50).

Consider buying below $0.1 and managing risk with tight stop loss.

#trading #bullish

INITUSDT

Perp

0.0874

-2.34%