Technical Analysis – $INIT

INITUSDT

Perp

0.1053

+19.11%

/USDT

Long Trade Signal

Price is trading near 0.0979 after a strong rebound from the 24h low at 0.0848. The breakout above the 0.094 resistance zone with solid volume signals bullish strength. Price structure shows higher highs and higher lows, indicating continuation potential on the short timeframe.

Trade Setup (Long):

Entry: 0.0950 – 0.0980

TP1: 0.1020

TP2: 0.1080

TP3: 0.1150

SL: 0.0890

Market Outlook:

Short-term market momentum remains