INITUSDT Perp – Direction Analysis (15m / 1H)
Current Context:
Price: 0.1208
Strong impulse move (+67%) from ~0.093 → 0.135
Now consolidating after the pump
Trend & Structure:
Price is above EMA 7, EMA 25, and EMA 99 → bullish structure intact
Higher high formed at 0.1354
Higher low holding above 0.115–0.118 zone
Momentum Indicators:
RSI ~56 → healthy, not overbought
MACD cooling down after bullish expansion → normal pullback, not a reversal
Momentum has slowed, but no strong bearish signal yet
Key Levels:
Support: 0.118 → 0.115 (EMA 25 zone)
Major Support: 0.101 (EMA 99)
Resistance: 0.128 → 0.135
Break & hold above 0.128 = continuation signal
📌 Direction Bias:
Short-term: ➡️ Sideways to mild pullback
Intraday / Structure: 📈 Bullish continuation likely
Scenarios:
✅ If price holds above 0.115, expect another push toward 0.128 → 0.135
❌ If price loses 0.115, deeper pullback toward 0.105–0.101 possible
No trend reversal unless price breaks below EMA 99
Conclusion: 👉 Primary direction: BULLISH (continuation after consolidation)
Pullbacks are buy-the-dip, not short-the-top (for now).
⚠️ High volatility — manage risk properly
Not financial advice | DYOR