$INIT STRONG TREND REVERSAL Targeting $0.9500 Next!
$INIT /USDT is currently trading at $0.8316, after rebounding sharply from a deep low of $0.5431. The price printed a fresh high of $0.8848, posting a +17.64% gain on strong recovery momentum.
The recent consolidation just below the high signals that bulls are preparing for another breakout leg.
š Key Levels to Watch:
šŗ Resistance: $0.8848 (24h High)
š» Support: $0.7515 ā $0.7928 (consolidation base)
šÆ Bullish Targets:
1ļøā£ TP1: $0.9000
2ļøā£ TP2: $0.9500
š” Stop-Loss: Below $0.7500 to stay protected from a pullback.