INIT/USDT — The Big Battle at the Trendline!Is it time for a breakout and reversal, or just another false hope before the downtrend continues?
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🔎 Overview
INIT/USDT is currently trading around 0.3626 USDT, after a prolonged downtrend since its peak in May. Price has formed a series of lower highs & lower lows, with the yellow descending trendline acting as the main “wall” suppressing every rally.
Interestingly, the market is now approaching a critical test at the trendline. From here, the market will reveal its true intention:
If it breaks above, a major reversal could begin.
If it fails and gets rejected, the downtrend may continue, retesting lower supports.
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🧩 Pattern Analysis
1. Dominant Descending Trendline
The psychological barrier for sellers since the top.
As long as this trendline holds, the primary trend remains bearish.
2. Local Base / Consolidation
Price has recently formed a local bottom around 0.28–0.32.
This zone serves as the current foundation for potential upside.
3. Key Horizontal Levels (Dashed Lines)
0.4053 → nearest resistance and first “gate” to bullish bias.
0.4782 → next resistance, momentum confirmation.
0.5317 & 0.5799 → mid-term upside targets.
0.7972 → key psychological area if a full reversal unfolds.
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🚀 Bullish Scenario
Key trigger: Daily close above trendline + 0.4053.
Confirmation: Breakout supported by higher volume + successful retest of trendline as new support.
Upside targets:
0.4782 → +31.9% from current price.
0.5317 → +46.6%.
0.5799 → +59.9%.
Longer-term potential: If momentum builds, price could aim for 0.7972 up to 1.1662.
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🩸 Bearish Scenario
Rejection at the trendline: Reversal candles here would signal sellers remain in control.
Downside targets:
Retest support at 0.32–0.28.
If this zone breaks, likely move down to historical low at 0.20 (−44.8% from current price).
False breakout risk: A breakout without volume could turn into a bull trap.
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📌 Strategy & Risk Management
Conservative entry (low risk): Wait for daily close above 0.4053 + retest → enter with staged profit-taking.
Aggressive entry: Buy directly on breakout above trendline with tight stop-loss under recent swing low.
Short plan: Enter on strong rejection at the trendline, with first target near 0.28 support.
Stop-loss: Always place SL based on structure (e.g., under 0.28 for longs, above rejection high for shorts).
Money management: Risk ≤ 1–2% of capital per trade.
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⚖️ Conclusion
INIT is at a critical juncture.
Breakout above the trendline + 0.4053 = early reversal signal with multi-stage upside potential.
Rejection at trendline = continuation of downtrend toward 0.28–0.20 support.
In this condition, discipline is key: don’t FOMO, wait for confirmation, and stick to strict risk management.
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