INIT (INIT) Going to $1.00, even $1.10 again—here’s how 👇👇
$INIT Testing Range Highs
• 🔹 Entry ▶️ $0.8800
• 🔹 Stop-Loss ▶️ $0.8050
• 🔹 Targets ▶️ $0.9200 ▶️ $0.9850
$INIT is pressing up against the $0.88 resistance after a clean run from $0.65. Strong consolidation above $0.85 could ignite a breakout toward new highs. Volume is holding up and bulls remain in control. Watch for a decisive push through $0.88!
Breakout incoming? Don’t ignore INIT’s pressure buildup!
Bearish Case (Fakeout Risk):
A rejection at $0.88 with rising sell volume could send INIT back toward the $0.74 support. A breakdown below that level opens room to retest $0.65. Manage risk and monitor closely near resistance.
Watch also $BTC moment