$INIT USDT is coiling near 0.1016 after a sharp rejection from 0.1069. The structure shows a fast sell off into 0.0989 followed by steady recovery candles. Momentum is rebuilding but price is still trapped under minor resistance. Bulls need a clean push above 0.1038 to unlock upside continuation.
Immediate support sits at 0.1000 and stronger demand near 0.0989.
Key resistance stands at 0.1038 then 0.1069.
Trade Plan
Entry 0.1008 – 0.1020
TG1 0.1038
TG2 0.1065
TG3 0.1100
Stop loss 0.0984
Volume compression suggests expansion is coming. If buyers defend 0.1000 zone, momentum can flip aggressively. Stay disciplined and let the breakout confirm the move.
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INIT
0.085
-7.40%