$INIT
0.4637
-7.9%
/USDT Strong Dip Move Confirm 🔥 Ready For Recovery Waves .?📈💯
Current Price: $0.4568
24h Range: $0.4408 – $0.5065
24h Volume: 13.22M INIT / $6.19M
$INIT is under corrective pressure after hitting a short-term top around $0.5065. It's testing a support zone near $0.44–$0.46, where previous consolidation occurred. Volume remains healthy, indicating continued interest despite the dip.
Entry Zone:
Monitor for a stable base or bullish reversal between $0.445 – $0.460
Targets 🎯
Target 1: $0.488 – Minor resistance and last bounce zone
Target 2: $0.506 – Recent swing high
Target 3: $0.521 – Extension zone if momentum builds
Stop Loss:
Below $0.435 to guard against a deeper breakdown
Pro Tip:
Wait for a bounce confirmation on lower timeframes. If INIT holds above $0.45 for a few sessions with rising volume, the rebound can be sharp. Suitable for short-term swing or intraday scalps.
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