INIT just busted the last swing high, price is flashing green. Looks like a clean entry for a long.
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🟢 $INIT LONG 📈
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📍 Entry Range: $0.159380 – $0.159700
🛑 Stop Loss: $0.154754 (-3.0%)
🎯 TP1: $0.161933 (+1.5%)
🏆 TP2: $0.167517 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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We got a CHoCH on the 1h, CVD is bullish, and a fresh FVG lines up with an OB. The POI confluence of the OB and FVG seals the area, making the structure look like a breakout.
A 3.0% stop is pretty tight, so stick to low leverage like 2x to manage risk.
Take partial profit around the first target once you see the price hit the initial resistance zone.
As always: manage your risk, this is not financial advice 🙏
$INIT #INITUSDT #SMC #TradingSignals #Write2Earn
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🟢 $INIT LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.159380 – $0.159700
🛑 Stop Loss: $0.154754 (-3.0%)
🎯 TP1: $0.161933 (+1.5%)
🏆 TP2: $0.167517 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
We got a CHoCH on the 1h, CVD is bullish, and a fresh FVG lines up with an OB. The POI confluence of the OB and FVG seals the area, making the structure look like a breakout.
A 3.0% stop is pretty tight, so stick to low leverage like 2x to manage risk.
Take partial profit around the first target once you see the price hit the initial resistance zone.
As always: manage your risk, this is not financial advice 🙏
$INIT #INITUSDT #SMC #TradingSignals #Write2Earn