$INIT /USDT | Layer 1 Beast Awakens – +240% Surge!

$INIT /USDT | Triple Digit Surge — Can It Sustain?


INIT just exploded with a massive +212% move, and the bulls aren’t backing down yet. Let’s break down the chart and map out the next 3 targets.

Current Price: $0.6246
24H High: $0.7100
24H Low: $0.2000
SAR Support: $0.2575

Technical Setup:
INIT broke out from a long accumulation zone with extremely high volume. Parabolic SAR shows strong uptrend support around $0.25. With momentum this strong, we’re eyeing the next key levels.

Target 1: $0.74
This is a retest of recent high. Expect some resistance here as traders take profit.

Target 2: $0.89
If INIT breaks $0.74 with volume, $0.89 is the next Fibonacci extension level — likely to act as a magnet for short-term bulls.

Target 3: $1.12
Psychological resistance + chart structure zone. Hitting this would confirm a full breakout cycle and strong market interest.

Risk Note:
INIT is high volatility — watch for pullbacks toward $0.50-$0.52 as healthy corrections. A breakdown below $0.45 would invalidate short-term bullish structure.

Conclusion:
With the Layer 1 narrative gaining steam and INIT showing breakout energy, this is one to keep on the radar. Ride the momentum, but protect your capital — volatility = opportunity and risk.

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