$INIT is on absolute fire right now.
+61% in 24 hours and still holding strong above 0.20. That move from 0.11 to 0.21 was pure buyer aggression. Sellers tried to step in a few times on the way up and got steamrolled every single time. Momentum is clearly still with the bulls.
Structure is clean higher highs and higher lows. We’re currently sitting just under the 0.20975 high with 0.194 acting as the first real support. As long as we stay above that zone the trend stays intact.
**Trade idea (Long):**
Entry Zone: 0.195 – 0.200
Stop Loss: 0.185
Targets:
TP1: 0.215
TP2: 0.235
TP3: 0.260
Momentum is still strong and volume is heavy. This one has more room if the buyers keep control.
High conviction on the long side from these levels, but size properly and always use the stop. Markets move fast.
Let’s go on $INIT
$ARB
+61% in 24 hours and still holding strong above 0.20. That move from 0.11 to 0.21 was pure buyer aggression. Sellers tried to step in a few times on the way up and got steamrolled every single time. Momentum is clearly still with the bulls.
Structure is clean higher highs and higher lows. We’re currently sitting just under the 0.20975 high with 0.194 acting as the first real support. As long as we stay above that zone the trend stays intact.
**Trade idea (Long):**
Entry Zone: 0.195 – 0.200
Stop Loss: 0.185
Targets:
TP1: 0.215
TP2: 0.235
TP3: 0.260
Momentum is still strong and volume is heavy. This one has more room if the buyers keep control.
High conviction on the long side from these levels, but size properly and always use the stop. Markets move fast.
Let’s go on $INIT
$ARB
