$INIT Market Structure
Trend Strong vertical bullish breakout
Momentum Extremely strong expansion phase
EMA Structure: 5 7 9 fully expanded above 50 and 200
RSI: 82 zone showing overbought but strong momentum
Current Parabolic spike likely to consolidate
Key Levels
Recent High: 0.12400
Immediate Support: 0.103 – 0.107 EMA cluster
Major Support: 0.085 – 0.090
Invalidation Level: 0.098
Breakout Entry Plan
Condition: 15m close above 0.12400 with volume
Entry Zone: 0.12400+
Stop Loss: 0.098
Take Profit
TP1: 0.135
TP2: 0.150
Pullback Entry Plan
Condition: Retest and bullish rejection at 0.105 zone
Entry Zone: 0.103 – 0.107
Stop Loss: 0.098
Take Profit
TP1: 0.124
TP2: 0.135
TP3: 0.150
Current Entry
If entering at market near 0.120 – 0.124 zone
Stop Loss: 0.098
Take Profit
TP1: 0.135
TP2: 0.150
INITUSDT
Perp
0.12437
+68.29%