$INIT /USDT EXPLOSIVE BREAKOUT MOMENTUM SIGNALS CONTINUATION TO NEW HIGHS
$INIT has delivered a massive +50% impulse move, breaking above key moving averages with strong volume expansion. Price is holding above MA(25) and MA(99), confirming a bullish structural shift. After tapping 0.1381, the market is cooling near 0.1066 — this looks like a healthy pullback before the next leg higher. As long as bulls defend the 0.096–0.100 zone, continuation toward fresh highs remains the high-probability scenario.
Trade Setup
Entry Zone:0.0980 – 0.1080 (pullback accumulation zone)
Take Profit Targets:
TP1: 0.1265
TP2: 0.1380
TP3: 0.1500 – 0.1650 (extension breakout)
Stop Loss:0.0890 (below MA(25) and short-term structure support)
Short Market Outlook
Momentum: Strong bullish expansion with elevated volume (202M+ INIT traded).
Trend: Clear short-term uptrend after reclaiming 0.0814 and 0.0964 levels.
Key Support: 0.0964 / 0.0890
Key Resistance: 0.1265 / 0.1381
Holding above 0.096 keeps bulls in full control. A break above 0.1381 opens the door to aggressive continuation and possible trend acceleration. Failure to hold 0.089 would invalidate the immediate bullish structure.
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