$INIT just snapped back hard – and it might only be the beginning.
After getting slammed down to $0.6852, it didn’t just bounce… it launched, ripping up to $0.8848 before cooling off at $0.8335. That’s nearly +20% in a flash, backed by serious volume (52M INIT traded). The dip? Bought. The energy? Back.
Right now, it looks like bulls are reloading for a second push.
Here’s how I’m playing it:
• Entry: $0.8250–$0.8400
• TP1: $0.8848 (retest the high)
• TP2: $0.9320 (breakout zone)
• Stop: Below $0.8070 (respect risk)
This setup’s got that perfect blend of momentum and volatility. If it holds above $0.82, the next leg higher could come fast. Watching closely — and ready to strike.
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