Key Technical Levels for $INIT :

Resistance:

$0.7371: Recent peak and immediate resistance.

$0.8000: Psychological level and potential target if momentum continues.

Support:

$0.5971: Recent low and key support zone.

$0.5500: Next support level if $0.5971 fails.

Entry Point: Consider entering a long position if the price breaks above the $0.7371 resistance with strong volume, indicating continued bullish momentum.

Stop-Loss: Implement a stop-loss below the $0.5971 support level to manage downside risk.

Profit Targets: Potential profit targets could be set near the $0.8000 level, aligning with the next psychological resistance.