$INIT BOUNCING BACK HARD – VOLATILITY SPIKE MAY FOLLOW❗$INIT pulled back from the $1.3796 peak and just rebounded off $1.1666 support. It's now trading at $1.2583 with a strong +14.85% 1H gain. Despite mixed order flow (44% buy), this rebound looks promising with renewed bullish intent.
📈 Long Trade Setup:
Entry Zone: $1.2550 – $1.2650
TP1: $1.3200
TP2: $1.3796 (24h high)
Stop-Loss: Below $1.1880
If $INIT sustains above $1.2200, bulls may attempt another rally toward the recent high. Keep an eye on volume and breakout confirmation!