
Post
$INIT
Technical analysis of buying INITUSDT:
Overview:
The price is at 0.07948 (+7.24% in 24 hours), strongly breaking all MAs and creating a big green candle. Momentum is very positive.
Strengths:
• The price is above the entire MA, with MA5 MA10 MA20 MA30 (clear bull structure).
• Strong breakout from the area of 0.072, good support volume (1.71M INIT).
• Testing the highest area for 24 hours (0.07986).
Reasonable purchase point:
• Buy dip to support area 0.0750 - 0.0765 (MA5/MA10).
• Buy with momentum if the price remains above 0.0790.
• Stop-loss: 0.0725 (below MA20).
• Short-term target: 0.085 - 0.088 | Remote target: 0.095+.
Risk:
High fluctuation, easy to pullback after strong pump. Suitable for short-term trading.
Conclusion: Can be bought. Clear bullish signal, priority to buy pullback with confirmed volume. Strict risk management.

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