$INIT /USDT – BULLISH STRUCTURE FORMING

STRONG SUPPORT HOLDING

VOLUME STABILIZING NEAR BASE

POTENTIAL REVERSAL IN SIGHT

After the sharp decline from the $0.4805 peak, $INIT has found a solid base near $0.4030–$0.4090. Multiple wicks below support suggest buyer defense. With decreasing selling volume and stabilization around 4H support, a potential short-term reversal is on the table.

🟢 LONG Trade Setup

Entry Zone: $0.407–$0.411

Take Profit: $0.428 / $0.445

Stop Loss: $0.398

A breakout above $0.423 may confirm a bullish breakout continuation.

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