$INIT Bullish Momentum Targets $0.4900 Break

$INIT is trading at $0.4875, up +13.90% in the last 24 hours, with a strong push from the $0.4199 low to the $0.4892 high. Buyers currently hold 51.28% of order flow, showing steady accumulation. Price action is testing the upper resistance zone, hinting at a possible breakout continuation.

Long Entry Zone: $0.4850 – $0.4875

Stop Loss: Below $0.4780

Targets:

TP1: $0.4892 (24h high)

TP2: $0.4950

TP3: $0.5000 if bullish momentum sustains

Trade Outlook:

If INIT breaks and closes above $0.4892 with increased buy volume, it could quickly test the $0.4950–$0.5000 range. Any rejection here may result in a short pullback toward support before another leg up.