Alright, checking out $INIT .
This one has been dumping hard.
Down almost 24% in 24 hours.
We're sitting right around the $0.49 level, and the 24hr low is $0.4721. Not a good look.
If that $0.4721 breaks, I'd expect more downside, potentially looking for psychological support at $0.45 or lower.
Volume is there, but it's all selling.
Need to see some serious buying come in to even think about a bounce.
For now, this looks like a falling knife.
Be careful.