📈 : $INIT Bullish Continuation
Market State: Momentum Expansion | Price Discovery Phase
Thesis: Asset has confirmed a structural breakout from its multi-week consolidation base. The presence of impulsive green candles followed by high-latitude, "shallow" pullbacks confirms strong buy-side absorption.
⚡ Execution Plan
Entry Zone: $0.0980 – $0.1010 (Optimal on retest of the breakout flip)
Invalidation (SL): $0.0920 (Exit if the structural base is breached)
Risk/Reward: High (Aiming for psychological round-number extensions)
🎯 Take Profit Road Map
TP1: $0.1080 (Short-term liquidity grab)
TP2: $0.1180 (Intermediate supply zone)
TP3: $0.1300 (Major psychological resistance / Cycle High)
#GrayscaleBNBETFFiling #USIranMarketImpact
INITUSDT
Perp
0.0903
-9.51%