$INIT Breakout Heating Up Eyes on $0.61
$INIT is making a strong comeback with a sharp V-shape reversal and back-to-back green candles. After bouncing from the $0.47 support zone, it’s now pushing toward the $0.61 high.
Trade Setup:
• Entry Range: $0.5500 – $0.5650
• Target 1: $0.5950
• Target 2: $0.6200
• Stop Loss: $0.5250
Strong volume and renewed momentum suggest bulls are stepping back in. A clean breakout above $0.61 could ignite another big move.