The $INIT pair is trading at 0.25948, up +50.60% over 24 hours, while maintaining strong bullish momentum above the key moving averages, including MA(7) at 0.22012, MA(25) at 0.22512, and MA(99) at 0.15514, following a strong recovery from lower support levels.
🔥 Trend: Long on $INIT
* Entry range: $0.24000 – $0.26200
* SL: $0.21000
* TP 1: $0.30000
* TP 2: $0.34500
* TP 3: $0.39500
Price action shows strong bullish momentum and buying pressure following a notable recovery from support bases. The price is holding firm structural support above the short- and long-term moving averages. This technical setup supports continued upside toward higher resistance targets, as long as immediate support near $0.23000 holds.
🔥 Trend: Long on $INIT
* Entry range: $0.24000 – $0.26200
* SL: $0.21000
* TP 1: $0.30000
* TP 2: $0.34500
* TP 3: $0.39500
Price action shows strong bullish momentum and buying pressure following a notable recovery from support bases. The price is holding firm structural support above the short- and long-term moving averages. This technical setup supports continued upside toward higher resistance targets, as long as immediate support near $0.23000 holds.
