best time to buy $INIT
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chart shows INIT/USDT at 0.4585, up 2.57% in 24h, with a 24h high of 0.4805.
The 6-period RSI is 30.52, suggesting it's currently oversold on this hourly timeframe.
Recent hourly candles show a pullback from the high, indicating short-term selling pressure.
Volume shows peaks, but recent red candles have relatively lower volume.
While oversold RSI could suggest a rebound, no guarantees exist; price could drop further.
Always conduct your own research, consider higher timeframes, and use risk management before trading.