$INIT /USDT – Overview

Current Price: $0.6701 (+235.05%, massive bullish spike)

24h High / Low: $0.7100 / $0.2000

24h Volume: 29.93M INIT | $19.56M USDT

Trend: Strong breakout, heavy volume, parabolic move

MAs: Not yet established (early trend), suggesting it's a new listing or volatile pump

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Trade Signal: HIGH RISK – SCALP/SHORT-TERM BUY ONLY

Momentum: Explosive upward move, but parabolic spikes often face retracement or profit-taking. Ideal only for experienced short-term traders.

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🎯 Target Levels (Short-Term):

1. Target 1: $0.7100 – reclaim recent high

2. Target 2: $0.7800 – possible extension if momentum holds

3. Target 3: $0.8600 – speculative high-risk target if trend accelerates

Stop-Loss: $0.6150 – below last pullback zone and psychological level

Summary:

INIT is in an extreme bullish move, likely driven by hype or a new listing effect. Trade with caution: use tight stop-losses and take profits quickly. Avoid long-term holding until the chart stabilizes and MAs develop.

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