$INIT /USDT – Strong Bullish Momentum With Expansion Move
$INIT has printed a strong impulsive move, gaining +71% and breaking above prior consolidation. Price is currently holding near the highs, suggesting continued bullish interest as buyers defend elevated levels.
Trade Setup
Entry Range: $0.1200 – $0.1250
Target 1: $0.1350
Target 2: $0.1450
Target 3: $0.1600
Stop Loss (SL): $0.1080
Short Outlook of Market:
INIT is showing aggressive bullish momentum with strong volume participation. If price continues holding above the breakout zone, further upside expansion toward higher resistance levels remains likely. However, loss of $0.1080 support would invalidate the bullish structure and signal potential pullback.