$INIT Testing Breakout Zone – Watch for Next Big Move!
$INIT is hovering near a key breakout zone after reclaiming bullish momentum. Price action is tightening between $0.6710–$0.6800, setting up a critical moment for either a sharp breakout or rejection.
Current Price: $0.6741
24H Range:
• High: $0.6778
• Low: $0.6711
Key Technical Insights:
• Price consolidating just below the resistance band ($0.6770–$0.6800)
• Strong volume cluster near $0.6700 supporting the structure
• Sharp rejection or breakout expected soon
• Volatility spike possible once $0.6800 is breached
Support Zones:
• $0.6600
• $0.6530
Immediate Resistance:
• $0.6800 (critical breakout level)
Next Bullish Targets if Breakout Occurs:
• First Target (TP1): $0.6900
• Second Target (TP2): $0.7050
• Final Target (TP3): $0.7200
A clean break and close above $0.6800 could trigger strong upside momentum toward $0.7000 and higher.
Keep it on high alert — momentum could ignite quickly!
