💠 $INIT /USDT NEAR KEY SUPPORT – HIGH VOLUME CAPITULATION 🔥📉

🎇 $INIT plunged -9.58% to $1.0155, testing the 24h low of $0.9693. Massive volume (21.88M INIT / 22.56M USDT) indicates panic selling, yet liquidity pockets near $0.9693–$0.9602 hint at strategic accumulation.

🧭 The depth chart flags resistance at $1.0402 and $1.0803, with the 24h high of $1.1450 marking the next bullish magnet.

📌 TRADE SETUP

📥 Entry Zone: $0.9693 – $1.0155

🎯 Target 1: $1.0402

🎯 Target 2: $1.0803

🎯 Target 3: $1.1450

🛑 Stop-Loss: Below $0.9600

✅ Why It’s Worth Watching

🔸 Oversold bounce potential from key support at $0.9693

🔸 Depth support clustered at $1.0002 and $0.9602

🔸 Break above $1.0155 could spark relief rally toward $1.0402 and beyond

⚠️ Caution: Breakdown under $0.9600 could trigger further downside

🔥 Bulls must reclaim $1.0155 and defend $0.9693 to regain short-term control

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