Here’s a concise and insightful article on INIT coin based on its recent 3-day price action and current technical position:

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🚀 INIT Coin: Market Recap & Technical Outlook (Last 3 Days)

Date Range: May 20–23, 2025

Current Price: ~$1.1240

24h High / Low: $1.2462 / $1.0606

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🧾 Summary of Price Action (May 20–23)

Over the past three days, INIT/USDT has experienced a sharp rally followed by a correction, showing high volatility and strong trader interest. The coin surged from the $0.81 level on May 20 to a local peak of $1.2462 on May 22, representing a massive short-term gain of over 50%.

However, this sharp move was quickly followed by profit-taking and selling pressure, bringing the price back down to around $1.11–$1.12 by May 23.

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📈 Technical Indicators (as of May 23)