**📉 $INIT Plunges 19% - Critical Trading Opportunity Ahead!**
The INIT token has seen a sharp **19% decline** in the past 24 hours, presenting potential opportunities for strategic traders. This pullback comes amid:
- Market-wide crypto corrections
- Profit-taking after recent gains
- Lower trading volumes in altcoin markets
**Key Technical Levels:**
- **Immediate Support:** (must hold to prevent further drops)
- **Major Resistance:** (breakout point for recovery)
- **Volume Analysis:** Decreasing sell pressure could signal reversal
**Trading Strategies to Consider:**
1️⃣ **Aggressive Entry:** Buy the dip if support holds with confirmation
2️⃣ **Cautious Approach:** Wait for trend reversal signals
3️⃣ **Short-Term Plays:** Scalp the volatility with tight stops
**⚠️ Risk Warning:**
- Extreme volatility in play
- Set stop-losses to manage risk
- Monitor BTC dominance for market sentiment
**Trade $INIT now on Binance:**
