$INIT price is reacting after a sharp impulse and pullback, and now it’s stabilizing near a fresh demand zone — this is where momentum usually resets before the next move.

Market read

I’m seeing $INIT explode from the base and spike toward 0.123, followed by a fast correction that swept liquidity down to the 0.101 area. That low was defended immediately, which tells me sellers failed to keep control. Price is now hovering around 0.105–0.108 with tighter candles and slowing volatility. This looks like post-impulse digestion rather than a full reversal. As long as this base holds, I’m leaning toward continuation.

Entry point

I’m looking to enter between 0.104 – 0.108

This zone aligns with short-term demand formed after the liquidity sweep. I want price to stay above this range and hold structure.

Target point

TP1: 0.115 – first resistance and pullback high

TP2: 0.123 – previous high and momentum level

TP3: 0.135 – bullish extension if buyers regain control

Stop loss

0.098

If price closes below this level, the demand structure fails and I’m out.

How it’s possible

I’m expecting buyers to defend the 0.104–0.108 zone because sell-side liquidity was already taken near 0.101 and sellers showed no follow-through. If buyers step back in, price can reclaim 0.115 quickly, opening the path toward higher targets. A clean break and hold above 0.123 would confirm continuation. Risk-to-reward stays favorable as long as demand is respected.

I’m ready for action here and I’m sticking to the plan.

Let’s go and Trade now $INIT