#INIT
📊 Current Price:
$0.3956
+13.26% in the last 24 hours
24h High: $0.3959
24h Low: $0.348
📈 Trend Analysis (4H Timeframe):
Recent Low: $0.3373 (strong support level)
Price has been on a clear uptrend since hitting this low.
Formed a series of higher lows and higher highs, which indicates bullish momentum.
Volume is increasing, especially on green candles — buying pressure is strengthening.
📉 Moving Averages:
MA(5): $3,503,876.7
MA(10): $3,180,672.1
Shorter MA is above longer MA → bullish crossover signal.
📊 Volume Insights:
Volume bar activity is rising, aligning with price — confirming trend strength.
24h Volume (INIT): 22.09M — significant activity.
🧠 Conclusion:
Short-term: Bullish momentum, likely to test resistance around $0.41–$0.42 if volume sustains.
Watch for:
Resistance at $0.4175
Support at $0.3596 and $0.3373
Breakout above $0.42 could signal continuation to $0.45–$0.47.
Failure to hold $0.39 might trigger a pullback.
buy and trade