$INIT Rises Strong – Bulls Holding the Fort!
$INIT is trading at $0.8974, climbing +2.60% today after that explosive vertical rally from the $0.2000 zone. After touching $0.9857, price cooled a bit but is now forming a higher low – showing bulls still mean business.
Current Price: $0.8974
24h High/Low: $0.9200 / $0.7700
RSI(6): 72.74 – Still strong but watch for cooling
Buy/Sell Ratio: 11% Buy vs 89% Sell (Caution: sellers active short-term)
Support Zones:
• $0.8500
• $0.7700
Resistance Zones:
• $0.9200
• $0.9850
Outlook:
As long as price holds above $0.8500, buyers have a real shot at pushing back toward $0.9200+. If momentum fades, a quick retest of $0.7700 could be in the cards.