$INIT /USDT — A liquidation of $4.88K at $0.13637 indicates buying pressure may be building, but confirmation is needed before entering. The key is to watch whether price holds above the liquidation zone and breaks nearby resistance.
INIT is trading with a bullish higher-timeframe structure, while short-term volatility remains elevated. Support is around $0.1516–$0.1544. A strong hold above this zone could trigger another upward move. COINOTAG +1
EP: $0.1550–$0.1600
TP1: $0.1663 TP2: $0.1804 TP3: $0.1974
SL: $0.1450
A breakout above $0.1663 with strong volume could confirm bullish continuation. Avoid chasing entries; wait for confirmation.
Trade carefully. High volatility means strict risk management is essential.
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