$INIT technical analysis shows a potential short-term reversal in the making 🔄! The token's price recently reclaimed the MA 7 at 0.5462, and a bullish crossover occurred with the MA 25 at 0.5284, indicating a short-term momentum shift 📊.

*Key Insights:*

- *Short-term resistance*: $0.55–$0.56 zone

- *Potential target*: $0.58–$0.60 if price breaks above $0.56

- *Support*: $0.52

*Strategy:*

- *Caution for bulls*: wait for a strong hourly close above $0.56 to confirm continuation

- *Trailing stops*: consider using them if you're already in the trade

The mid-term trend remains bearish until the price breaks above $0.62+, so let's stay cautious and trade responsibly 🔒!