$INIT Short Liquidation Alert!

$10K in shorts liquidated at $1.1147 — Bears just got wiped clean!

$INIT just launched with power, smashing through resistance and triggering a high-impact short squeeze. This kind of move signals strong buyer interest — and momentum could build fast from here.

Key Levels to Watch:

Resistance: $1.18 — breaking this could ignite a rally toward $1.25

Support: $1.08 — needs to hold for bulls to stay in control

Next Move:

Breakout above $1.18? Likely continuation — momentum traders, stay ready

Pullback to $1.08 with bounce? Potential solid entry zone

Drop below $1.08? Bull case weakens — step back and wait

$INIT just made a statement. Shorts are underwater, and bulls are pressing hard.

Eyes on the chart — this could be just the beginning.

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