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INIT / TetherUSINIT / TetherUSINIT / TetherUS

INIT / TetherUS

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INITUSDT trade ideas

$INIT Bullish Momentum Building on Mainnet HypeAnalysis: OMXSTO:INIT ’s recent mainnet launch has sparked renewed interest, pushing the price to $0.85 with a 12% gain in 24 hours. The daily chart shows a breakout above the 50-day EMA ($0.82), with the Stochastic RSI nearing overbought but signaling strong buying pressure. The Ichimoku Cloud is turning bullish, with the price above the cloud. Expect a move toward $1.00 if momentum holds, but watch for profit-taking near $0.90. Place a stop-loss at $0.78 for safety. Key Levels: Resistance: $0.90, $1.00 | Support: $0.82, $0.78 Indicators: 50-day EMA ($0.82), Stochastic RSI (80), Ichimoku Cloud (Bullish)
GATEIO:INITUSDTLong
by S2A9
$INIT Poised for Breakout Above Key ResistanceAnalysis: OMXSTO:INIT is testing the $0.85 resistance level after a strong bounce from the $0.75 support, forming a bullish ascending triangle on the 4H chart. The RSI is at 60, indicating room for upward momentum, and the MACD shows a bullish crossover. A break above $0.87 could target $0.95, with strong volume supporting the move. Set a stop-loss below $0.80 to manage risk. Key Levels: Resistance: $0.87, $0.95 | Support: $0.80, $0.75 Indicators: RSI (60), MACD (Bullish), Volume (Increasing)
GATEIO:INITUSDTLong
by S2A9
Initia (INIT) Price Analysis Post-Launch on Gate.ioInitia (INIT) has shown promising initial performance post-launch on Gate.io, with a current price of $0.7906, reflecting a 16.26% increase. The 24-hour trading volume stands at 3704.36 INIT, indicating strong market interest. Technical indicators such as MACD suggest a bullish trend, with the DIF slightly above the DEA. However, investors should monitor the price closely for potential volatility as the market adjusts to the new listing.
GATEIO:INITUSDT
by a0509