$INIT long — High-risk bounce, targeting a breakout above $0.130 🚀
INIT is showing a strong recovery (+26%), holding above the MA(25) and MA(99) on the 1H chart. However, please note the security incident warning issued for this protocol. The price is currently consolidating below the MA(7). A clean 1H close above the $0.1300 resistance will confirm the continuation of this high-risk bounce.
Entry: 1H close above $0.1300
SL: Below $0.1150 (Under MA 25 support)
Target 1: $0.1400
Target 2: $0.1477 (24h High)
If $0.1150 breaks down, the setup is invalid — cut your losses.
$INIT
DYOR. NFA. High-risk token with a security warning, use strict risk management.
#INIT #Initia #TradeIdea #TradingPsychology
INIT is showing a strong recovery (+26%), holding above the MA(25) and MA(99) on the 1H chart. However, please note the security incident warning issued for this protocol. The price is currently consolidating below the MA(7). A clean 1H close above the $0.1300 resistance will confirm the continuation of this high-risk bounce.
Entry: 1H close above $0.1300
SL: Below $0.1150 (Under MA 25 support)
Target 1: $0.1400
Target 2: $0.1477 (24h High)
If $0.1150 breaks down, the setup is invalid — cut your losses.
$INIT
DYOR. NFA. High-risk token with a security warning, use strict risk management.
#INIT #Initia #TradeIdea #TradingPsychology