$INIT has pushed out of its accumulation range and printed a strong impulsive move from the $0.081–$0.090 base. Price is now consolidating above the psychological $0.10 level, showing higher highs and higher lows on the 1H timeframe—buyers remain in control with momentum intact.
Trade Setup (Long)
Entry Zone: $0.098 – $0.102
Targets:
TP1: $0.110
TP2: $0.125
TP3: $0.145
Stop Loss: $0.089
Preferred execution is on a brief pullback into the $0.098–$0.100 area or a tight consolidation near current levels rather than chasing extended candles.
INIT
0.1285
+21.68%
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