๐Ÿ”ฅ $INIT
(INIT) +67.36% โ€“ BULLS ARE IN CONTROL, BUT CAN THE RALLY CONTINUE?

INITIA is showing strong momentum, currently trading at $0.21103. The price is above EMA 7 ($0.20053), EMA 25 ($0.18946), and EMA 99 ($0.16250). This indicates a bullish short-term structure.

But after such a strong rally, a pullback is possible.

Trade Setup โ€“ INIT/USDT

๐ŸŸข Buy Zone: $0.198โ€“$0.203

๐ŸŽฏ Target 1: $0.215
๐ŸŽฏ Target 2: $0.223
๐ŸŽฏ Target 3: $0.235

๐Ÿ›‘ Stop Loss: $0.190

Key Levels:
Support: $0.200 / $0.189
Resistance: $0.223

My Strategy: I would wait for a pullback and bullish confirmation instead of chasing the current candle. A strong breakout above $0.223 with volume could open another upside opportunity.

Trade smart, use low leverage, and protect your capital


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