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【$INIT Signal】Long + Volume and Price Breakout
$INIT After a 19.93% increase in volume, a strong breakout occurred, with open interest rising simultaneously. This is a typical signal of major players entering to absorb shares, rather than a short squeeze. The market shows continuous buying pressure; a healthy pullback is an opportunity.
🎯 Direction: Long
🎯 Entry: 0.1020 - 0.1040
🛑 Stop Loss: 0.0980 ( Rigid Stop Loss )
🚀 Target 1: 0.1150
🚀 Target 2: 0.1250
Price volume broke through the previous consolidation zone, accompanied by a significant increase in open interest (OI), confirming that new bullish funds are driving the move, rather than a passive rise caused by short covering. The current price is consolidating above the breakout level, which is a healthy reset. As long as it does not fall below the lower boundary of the breakout zone, upward momentum will continue. Small losses, big gains—profit is about probability.
Trade here 👇 $INIT
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