$INIT /USDC BULLISH CONTINUATION SETUP
MARKET STRUCTURE $INIT/USDC has confirmed a bullish reversal and continuation phase after breaking above key moving averages. Price is holding firmly above the Supertrend (10,3), signaling strong trend support. Higher highs and higher lows indicate sustained buying pressure, while volume expansion supports the breakout strength.
TECHNICAL CONFLUENCE
Price above short- and mid-term EMA & MA, showing bullish dominance
Supertrend support acting as a dynamic demand zone
Previous resistance flipped into support, confirming trend continuation
Momentum remains positive with room for further upside expansion
TRADE PLAN – LONG SETUP
Entry Zone: Pullback near Supertrend / EMA support area
Targets (TP):
TP1: 0.1014
TP2: 0.1080
TP3: 0.1160
Stop Loss (SL): Below 0.0870 (structure + Supertrend invalidation)
MARKET EXPECTATION As long as price sustains above trend support, the next move is expected to be bullish continuation toward higher resistance zones. A breakdown below Supertrend would invalidate this setup.
RISK MANAGEMENT Risk only 1–2% per trade, wait for confirmation near support, and trail stop loss as targets are hit to protect profits.
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