INIT/USDT Market hit $1🚀🔥
Today, INIT/USDT is showing an incredible bullish rally! The current price is $0.8453, reflecting a +322.65% surge in the last 24 hours! It has become one of the top gainers of the day.
Key Highlights:
24h High: $0.9447
24h Low: $0.2000
MA(7): $0.8475
MA(25): $0.8380
Volume: 478.82M (INIT), 333.86M (USDT)
The chart shows a powerful upward movement, followed by a minor pullback and consolidation. The price is trading around the short-term moving averages, hinting at a potential continuation.
What’s Noteworthy?
Strong breakout from $0.65 to above $0.90
High volume support confirms bullish interest
MA(25) is acting as short-term dynamic support
What to Do:
Swing traders can look for a continuation breakout above $0.90
Scalpers should monitor volume closely and watch the $0.82 support zone
Avoid FOMO—wait for or confirmation candles before entering! ⚠️#market_tips #Market_Update $INIT #news #NewsAboutCrypto #BinanceSquareTalks