【$INIT Signal】Pullback to Long + 1H Level Support Confirmation

$INIT The 1-hour level has experienced a significant rally and is currently in a healthy technical pullback phase. The key point is that the 1-hour EMA20 (0.0822) and EMA50 (0.0807) have formed a bullish alignment, and the current price is retracing into the recommended optimized entry zone. Open interest remains stable, indicating that there has been no large-scale profit-taking by longs during the rally, and the main players may still be holding positions. The negative funding rate suggests strong bearish sentiment, hinting at a potential short squeeze scenario.

🎯Direction: Long

⚡Entry/Order: 0.08070 - 0.08236

🛑Stop Loss: 0.07850

🚀Target 1: 0.08800

🚀Target 2: 0.09200

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to hold above the upper boundary of the entry zone and reverses downward, exit decisively and wait for the next opportunity.

(Depth Logic: The 1-hour RSI is at 66.55, indicating healthy momentum without being overbought, leaving room for further upward movement. The order book depth is balanced, with no obvious selling pressure. The price has rebounded strongly from the lower band of the daily channel, and the current retracement is an effective confirmation of the breakout. The 0.0800-0.0815 zone below forms a dense support band, making it an excellent sniper entry point. )

View real-time market 👇 $INIT

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