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$INIT /USDT BREAKOUT ALERT! Momentum Building After Sharp Rebound – Long Setup Now! 📈
$INIT just pulled off an explosive move from the lows around 0.055590, surging past key EMAs and hitting a high of 0.15000 in the last 24h before pulling back to current price 0.122557 (down -7.16% today but still holding strong above support!).
Look at this chart:
Strong green candle rejection off the bottom, breaking through EMA(8) 0.096971, EMA(13) 0.089984, and EMA(21) 0.086643 – all bullish!
RSI(6) at 82.28 screaming overbought but RSI(14) 69.61 still room to run before extreme.
Stochastic K 67.96 / D 60.48 / J 82.93 – momentum firmly upward.
Volume spiking with MA(5) and MA(10) supporting the rally.
This looks like a classic dip-buy opportunity after the pump – bulls are defending 0.11279 mark price zone. The overall structure screams continuation higher if we hold above 0.113330 – 0.122250 support.
Trade Forecast (Long Position – High Conviction!)
Entry: Around current ~0.1225 – 0.1230
Take Profit: 0.15000 (recent high, +22% potential)
Stop Loss: 0.1120 (below recent low/support, risk ~8-9%)
Don't miss this altcoin gem in the interwoven rollup narrative –
$INIT showing serious strength amid volatility!
Trade
$INIT /USDT Now! Buy the dip & ride the wave! Follow & turn 🔔 on for more setups ✅ Let's catch these moves together!
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