Here’s a concise technical breakdown for $INIT /USDT (Binance) based on your provided data:
📊 Price Summary
Current Price: $0.9359
24h Range: Low $0.7780 / High $0.9428
24h Change: +18.98% 🔼
Volume: 53.72M INIT / $44.98M USDT
📈 Price Action & Levels
🔼 Resistance Levels
$0.9428 – 24h high (immediate resistance)
$0.9506 – next key psychological resistance
🔽 Support Levels
$0.9165 – near-term support
$0.8824 – previous breakout zone
$0.8483 / $0.8142 – deeper support on retracement
📉 Trend & Momentum
Trend: Strong intraday bullish momentum (+19%)
Bias: Bullish above $0.91–0.92
Breakout Watch: Sustained move above $0.943–0.950 could trigger rally to $1.00+
📌 Outlook
Short-term Traders: Watch for consolidation above $0.91 to position for breakout.
Risk: Failure to hold above $0.882 may signal deeper correction.
Would you like a trade plan (entry/TP/SL) or a comparison with similar high-gain tokens?
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