$INIT /USDT – Surging Momentum with Bullish Reversal in Play!
$INIT is showing strong bullish momentum, up +26.47% at $0.848, after bouncing from the recent low of $0.6030 (Apr 30, 07:00). With a 24h high of $0.8990 and significant trading volume of 105.49M INIT / 84.70M USDT, this Layer 1 token has reclaimed key levels. Immediate resistance sits near $0.9131, while short-term support lies around $0.7891. Watch for a breakout above $0.8990 to confirm upside continuation. Recent depth data suggests strong buy interest building up. If momentum holds, $INIT could revisit the $0.95–$1.05 zone soon.