$INIT
$INIT Breakout Alert: Up +28% & Gaining Momentum!
The bulls are in control as INIT/USDT surges to $0.8089, posting a solid +28.85% gain in the last 24 hours!
Technical Snapshot (15m chart):
Strong uptrend with higher highs and higher lows.
Price is riding the upper Bollinger Band with minimal retracement — classic sign of momentum-driven rally.
The Stochastic RSI (K: 81.9, D: 78.0) is showing overbought conditions but still aligned upward, signaling continuation potential.
Key resistance hit at $0.8195 — watch for a breakout or short-term consolidation.
Mid-BOLL support sits near $0.765, with deeper support around $0.71.
Volume is backing the move, and the trend remains bullish in the short term. If INIT holds above $0.78, the next leg could target fresh highs.
Will INIT push through resistance or cool off before the next leg up?
Let’s hear your trade setups in the comments!
#INIT #AltcoinAnalysis #BinanceTraders #CryptoTA #BinanceSquare