$INIT Just Rejected at Resistance – Bullish Setup Still Intact!
$INIT soared from $0.7778 and touched a high of $0.8792 before cooling off slightly to $0.8613. Momentum remains strong with a +29.30% gain and RSI sitting at 71.58—indicating buyers still have control.
📈 Trade Setup (Short-Term Bullish):
Entry Zone: $0.8450 – $0.8650
TP1: $0.8900
TP2: $0.9250
Stop-Loss: Below $0.8180
If $INIT can flip $0.8800 into support, we may see a breakout toward $0.90+. Keep an eye on volume for confirmation!