$INIT Strong Bullish Momentum Surges Above The Mark Point 💯📈🚀

$INIT just exploded by +202.7%, surging from $0.20 to a $0.71 high, backed by massive volume (153.36M USDT). After such parabolic action, it's cooling off around $0.61, likely entering a consolidation phase before the next move up.

Trade Setup:

Entry Zone: $0.5800 – $0.6150 (wait for consolidation or dip buy)

Targets:

$0.6700

$0.7100

$0.8000 (extension)

Stop-Loss: Below $0.5400 (protecting short-term structure)

Key Levels:

Support: $0.5800 / $0.5100

Resistance: $0.6700 / $0.7100

Pivot: $0.6150

Pro Tip:

Avoid chasing after a +200% run. Let price stabilize—ideal entry is on a pullback to $0.58–$0.60 with decreasing sell volume. Watch for bullish continuation on the reclaim of $0.67. Use tight stops as volatility is high.

Buy and trade here on $INIT!

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