$INIT $INIT : Volatile Bounce After the Dump ⚠️
INIT pumped ~76% from 0.1189 to 0.2097, dumped to 0.159, and is bouncing near 0.1757. Note: Initia had a security incident earlier, so risk is elevated.
📊 Trade Idea (15m, long)
🟡 Entry: 0.1756 (or dip near 0.1700)
🔴 SL: 0.1570
🟢 TP1: 0.1943
🟢 TP2: 0.2097
⚠️ Bearish: a 15m close below 0.1590 targets 0.1343, then 0.1189
Volume is spiking on both sides. Use small size, always set a stop-loss, and don't chase.
Not financial advice. DYOR.
#INIT #Initia #Binance #crypto #TechnicalAnalysis
INIT pumped ~76% from 0.1189 to 0.2097, dumped to 0.159, and is bouncing near 0.1757. Note: Initia had a security incident earlier, so risk is elevated.
📊 Trade Idea (15m, long)
🟡 Entry: 0.1756 (or dip near 0.1700)
🔴 SL: 0.1570
🟢 TP1: 0.1943
🟢 TP2: 0.2097
⚠️ Bearish: a 15m close below 0.1590 targets 0.1343, then 0.1189
Volume is spiking on both sides. Use small size, always set a stop-loss, and don't chase.
Not financial advice. DYOR.
#INIT #Initia #Binance #crypto #TechnicalAnalysis
