$INIT Skyrockets Over 21% — Bullish Momentum Builds!
The bulls have taken charge! $INIT soared +21.64% in the last 24H, reaching a high of $1.3796 before consolidating around $1.3167. With strong volume support (100M+ USDT), INIT is showing clear signs of sustained demand.
Technical Outlook
Parabolic SAR continues to print bullish signals, with trailing dots supporting the uptrend.
Price broke out from the previous resistance near $0.6853, confirming a trend reversal and vertical rally.
As long as INIT holds above the $1.23–$1.25 range, further upside toward $1.45–$1.50 is likely.
Market Sentiment: Bullish
Next Target Zone: $1.42 – $1.50
Support Zone: $1.05 – $1.10
Pro Tip: Watch for a retest of $1.24–$1.26 as a potential re-entry zone if momentum continues!