$INIT is printing insane strength right now, surging +88.98% to hit $0.30899! 🚀🔥
I know a lot of people are itching to short this move after hitting the $0.3319 24h high, but the 1h chart tells a very clear story: buyers are still in complete control.
The price is holding rock-solid above the 1h EMA 7 ($0.2865). As long as this dynamic support stays intact, any shallow pull-back is an accumulation zone for another breakout push.
My High-Conviction Long Setup:
🎯 Entry: $0.2950 - $0.3050 (or dip retest near EMA 7 at $0.2865)
🎯 Target 1: $0.3320
🎯 Target 2: $0.3750
🛡️ Stop Loss: $0.2720
If we lose $0.2860 with heavy selling volume, only then bears get a temporary pull-back. Until then, respect the trend!
Are you risking a short on this rocket or playing the breakout long continuation? Drop your entries below! 👇
I know a lot of people are itching to short this move after hitting the $0.3319 24h high, but the 1h chart tells a very clear story: buyers are still in complete control.
The price is holding rock-solid above the 1h EMA 7 ($0.2865). As long as this dynamic support stays intact, any shallow pull-back is an accumulation zone for another breakout push.
My High-Conviction Long Setup:
🎯 Entry: $0.2950 - $0.3050 (or dip retest near EMA 7 at $0.2865)
🎯 Target 1: $0.3320
🎯 Target 2: $0.3750
🛡️ Stop Loss: $0.2720
If we lose $0.2860 with heavy selling volume, only then bears get a temporary pull-back. Until then, respect the trend!
Are you risking a short on this rocket or playing the breakout long continuation? Drop your entries below! 👇
