$INIT /USDT BULLISH BREAKOUT IN PROGRESS — LAYER 1 GEM ON THE MOVE!
$INIT has surged over 6%, pushing above the $1.34 mark and gaining strong momentum. The price is climbing steadily after bouncing from the $1.12 support zone and is now targeting the $1.44 resistance level. With bullish volume increasing, this Layer 1 project is showing signs of a breakout continuation on the 1H chart.
Trade Setup (Long):
Entry: $1.34 – $1.36
Take Profit: $1.44 / $1.50
Stop Loss: $1.26
Market Outlook:
INIT is trading with strong bullish momentum supported by rising volume. If it breaks and holds above $1.44, the next leg could push toward $1.50+. Traders should watch for retests and continuation candles on the 1H timeframe.
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