【$INIT Signal】Long + Main Force Confirmation of Push

After a volume-driven increase of 23.49%, the price action indicates main force entry rather than a short squeeze. Open interest rises in tandem, confirming the proactive buying. The current price has consolidated after the push, which is a healthy reset, preparing for the next upward move.

🎯 Direction: Long

🎯 Entry: 0.1050 - 0.1080

🛑 Stop Loss: 0.0990 $INIT Rigid Stop Loss (

🚀 Target 1: 0.1180

🚀 Target 2: 0.1280

After breaking out, the price consolidates at a high level, with increased volume and open interest, which is a typical absorption pattern by buyers. Market psychology shows that rebounds after short squeezes are usually accompanied by decreasing open interest, but current data indicates continued accumulation by new bulls. The LTF retracement was quickly bought back, showing strong support below. As long as the price stays above 0.1050, the probability advantage of moving upward will continue to grow.

Trade here 👇 )
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