🔥$INIT waking up! Strong bounce from 0.10 support — momentum is building. Eyes on 0.12+💥
Price just exploded from the 0.10 support zone with a strong bullish impulse candle. That move signals aggressive buyers stepping in after a healthy pullback.
📈 What we’re seeing:
Clean bounce from previous demand area (~0.10)
Strong bullish expansion candle (momentum confirmation)
Small consolidation right now = market deciding next leg
Structure still bullish on the 1H timeframe
🎯 Key levels to watch
Support: 0.105 – 0.100
Immediate resistance: 0.120
Next upside target: 0.125 – 0.135 (if volume follows)
💡 Trading idea (not financial advice):
Aggressive longs: on minor pullbacks toward 0.108–0.105
Conservative longs: wait for a clean break & close above 0.120
Invalidation: sustained move below 0.100
🧠 Remember: after big impulse candles, price often ranges or retraces slightly before continuation. Don’t FOMO — let price come to your level.
