📈
$INIT TECHNICAL UPDATE — STRUCTURE TURNING BULLISH 👀
$INIT is starting to wake up after respecting a clean demand zone, and the chart is quietly flipping bullish.
🔹 Price has broken out of the descending trendline
🔹 Now holding above a bullish order block → clear market structure shift
🔹 Strong reaction from the FVG area shows real buyer interest
🔹 Current consolidation looks like base-building before the next leg up
As long as
$INIT holds above the demand zone, the upside remains open. A steady move from here could push price toward the next supply area.
📊 Trade Idea (Long)
• Entry: 0.0875 – 0.0890
• Target 1: 0.0950
• Target 2: 0.1000
• Target 3: 0.1050
• Stop-Loss: 0.0750
Momentum is slowly building, structure is improving, and patience could be rewarded.
#INIT #CryptoAnalysis #BinanceSquare