🧠 $INIT /USDT — Waking from the Slumber?
📍 Current Price: $0.4831 (+0.71%)
INIT has broken above the 99 EMA for the first time in weeks — signaling a potential trend reversal after a prolonged downtrend.
🎯 Targets to Watch
Target 1: $0.54 — local resistance + short squeeze zone
Target 2: $0.62 — May range ceiling
Target 3: $0.75 — structure breakout confirmation
🛡️ Support Levels
$0.44 — EMA cluster support (7, 25, 99)
$0.39 — last demand zone before breakdown
$0.34 — invalidation level, break below weakens bullish bias
📊 Outlook:
Volume uptick + EMA crossover = potential momentum ignition. If INIT holds above the 99 EMA and reclaims $0.50, expect bulls to regain full control.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!
