Is $INIT about to run even harder? I'm leaning LONG here.
TP: $0.2550
SL: $0.2300 👇🏻
Buyers stepped back in after the dip and pushed price right back toward the top of its range.
Momentum is re-accelerating instead of fading, and sellers have not managed to hold it down.
As long as buyers keep defending the recent floor, the path higher stays open — losing that floor would change my read.
Continuation or rejection — which side are you on?
👇
#INIT
TP: $0.2550
SL: $0.2300 👇🏻
Buyers stepped back in after the dip and pushed price right back toward the top of its range.
Momentum is re-accelerating instead of fading, and sellers have not managed to hold it down.
As long as buyers keep defending the recent floor, the path higher stays open — losing that floor would change my read.
Continuation or rejection — which side are you on?
👇
#INIT