$INIT
/USDT – +204% Rally Stalls at $0.71, Now Consolidating at $0.6095
$INIT exploded from $0.2000 to $0.7100 with a massive +204.75% daily gain. Price is now hovering at $0.6095, cooling off after the vertical surge.
24H Market Data:
High: $0.7100
Low: $0.2000
Volume: 238.76M INIT / 154.57M USDT
Chart Insight:
After the parabolic spike, short-term holders are taking profits. Price is forming a tight flag below $0.65—potential setup for continuation if bulls regain strength.
Pro Tip: Monitor for a breakout above $0.63–$0.65 with increasing volume. Otherwise, wait for retest zones near $0.54–$0.50 for safer re-entry.
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