$INIT Reversal in Progress Bulls Regain Ground After Deep Pullback....
$INIT has rebounded strongly from its recent dip, now trading at $0.5067 with a solid +20.33% gain. After touching a low of $0.4204, the 15-minute chart shows a steady recovery with higher lows forming a clear sign that buyers are stepping back in.
Volume remains strong, and the structure is shifting toward bullish momentum. A breakout above the $0.5100 zone could trigger another wave of buying.
🔹 Long Trade Setup:
• Entry Range: $0.5020 – $0.5080
• Stop Loss: $0.4880
• TP1: $0.5250
• TP2: $0.5450
• TP3: $0.5650
Bulls are showing clear interest again — watch for volume confirmation and breakout above $0.5100 for a smoother continuation move.