$INIT /USDT – Explosive Gainer Ignites the Charts!
INIT has erupted with a +16.46% gain, soaring to $1.25 after touching a 24h low of $1.0417 and peaking at $1.3796—a massive swing powered by intense trading activity. With a staggering 80.58M INIT traded and $97.15M in USDT volume, INIT has captured the market’s attention as a top gainer in the Layer 1/Layer 2 sector. This kind of volume surge often signals early-stage trend reversals or breakout rallies. As INIT cools off just below its high, it sets up perfectly for a potential continuation pattern, and a second leg toward $1.45–$1.60 could be imminent if buying pressure holds.
Profit-Target Strategy:
Traders should look for re-entry opportunities in the $1.20–$1.24 zone, with a stop-loss near $1.10, aiming for quick targets at $1.38, $1.50, and potentially $1.60. For investors, INIT’s breakout volume and its positioning as a rising Layer 1/2 contender make it a compelling pick for mid-term gains. Keep a close eye on consolidation near current levels—if bulls defend this range, INIT could launch again with even stronger momentum. This rocket may just be refueling—next stop, sky-high profits!