$INIT / USDT – Support Retest After Sharp Drop, Bounce Watch Active🌊

$INIT has dropped back to $0.6512, testing key short-term support after a high at $0.7284. The price is showing signs of stabilization near the 4H demand zone, with a potential for a technical bounce if $0.6417 holds.

Trade Setup:

Entry Zone: $0.6480 – $0.6560

Target 1: $0.6820

Target 2: $0.7100

Final Target: $0.7350

Stop Loss: $0.6380

A clean break above $0.6660 with volume confirmation could validate reversal structure. Eyes on momentum shift in the next 1–2 candles.

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