$INIT /USDT – Strong Recovery in Progress!
INIT is trading at $0.7071 (+3.70%), showing bullish momentum within its Layer 1 ecosystem. After dipping to a 24h low of $0.6727, the token rebounded strongly, nearing the 24h high of $0.7459 with a 24h volume of 39.56M INIT / 27.96M USDT, indicating healthy liquidity. Depth shows strong buying interest stacked around $0.7070 to $0.7356, with resistance seen at $0.7777 and $0.8198. Momentum is shifting upward across the 15m to 4h timeframes, suggesting growing bullish conviction. Watch for a breakout above $0.7459 to confirm the continuation.
Pro Tip: A close above $0.7459 with volume spike may trigger a rally toward $0.8198. Stay alert for false breakouts near resistance.