$INIT STRONG BOUNCE – EYES ON RECOVERY TO $0.7400
$INIT/USDT just rebounded sharply from the $0.7021 low, now trading at $0.7235, still down -10.88% for the day but showing signs of a possible short-term reversal.
Current Price Range:
• Support Zone: $0.7100 – $0.7190
• Immediate Resistance: $0.7247 (local high)
Next Bullish Targets:
• TP1: $0.7350
• TP2: $0.7400
Volume is building up (120K+), and if bulls hold above $0.7190, this could fuel a continuation push. A drop below support could invalidate the breakout attempt.