$INIT /USDT – Explosive 18.9% Surge! Layer 1 Gainer on Fire!
INIT rockets to $1.2347 (+18.90%), emerging as a top gainer in the Layer 1 space. The token smashed through key resistance to hit a 24h high of $1.2462, up from a low of $1.0177, backed by strong volume: 42.80M INIT traded, worth $48.56M USDT.
Support is stacked around $1.0853–$0.9946, while immediate resistance lies near $1.2669.
If bulls maintain momentum above $1.1761, a breakout toward $1.30+ could be on the horizon.
Pro Tip: Watch for consolidation above $1.23—confirmation here may signal the next leg up.
