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Reading: It is a time for INITUSDT! 50% potential profit-0.65 USD target for BINANCE:INITUSDT by darksignal
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It is a time for INITUSDT! 50% potential profit-0.65 USD target for BINANCE:INITUSDT by darksignal

Last updated: August 11, 2025 2:25 pm
Published: 9 months ago
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The chart displays the INT/USDT pair on a 4-hour timeframe from Binance, covering the period from June to August 2025. The Y-axis shows the price scale in USD, ranging from approximately 0.3000 to 0.8000, with the current price hovering around 0.447 USD. Candlesticks in turquoise (bullish) and red (bearish) indicate high volatility, with a dominant downtrend from the chart’s start. The red line, likely a moving average (MA), runs above the price for most of the period, confirming bearish momentum and acting as a dynamic resistance. The green line below the price may represent the lower boundary of a channel or another average, highlighting support levels. In early June, the price started above 0.7000 USD, followed by a sharp drop to around 0.4000 USD by late June, with brief rebounds and further declines in July. In August, we observe consolidation with smaller price swings, where the price tests the support around 0.4200-0.4400 USD, but more green candlesticks suggest growing buying pressure. Trading volume (visible at the bottom as green and red bars) shows increased activity at turning points, which may indicate accumulation by investors. The overall picture is a market in a correction phase after a strong decline, with signs of seller exhaustion and a potential reversal.

Considering these factors, I am convinced that the INT/USDT price will reach a target of 0.65 USD in the near future. Firstly, the chart is forming a classic double bottom pattern around the 0.4200 USD level, a strong bullish signal often preceding significant rebounds – historically, such formations in cryptocurrencies have led to 40-50% increases, perfectly aligning with the 0.65 USD target as the first resistance level (visible at earlier highs from June). Secondly, the red MA is flattening, and the price is approaching it from below, suggesting an upcoming bullish crossover, similar to those that have previously triggered rallies in high-volatility assets like INT. Additionally, the green support line holds firm, preventing further declines, while the growing number of green candlesticks with longer lower wicks indicates market rejection of lower prices. In the broader cryptocurrency market context, where altcoins like INT often rebound after an accumulation phase, the 0.65 USD target seems not only realistic but also conservative – it could be achieved within the next 2-4 weeks, driven by potential FOMO from investors and positive catalysts, such as INT project updates. This is not speculation, but a logical continuation of current technical patterns, which rarely fail in such scenarios.

Potential TP: 0.65 $

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