#INIT

๐Ÿ“Š Current Price:

$0.3956

+13.26% in the last 24 hours

24h High: $0.3959

24h Low: $0.348

๐Ÿ“ˆ 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 โ€” buying pressure is strengthening.

๐Ÿ“‰ Moving Averages:

MA(5): $3,503,876.7

MA(10): $3,180,672.1

Shorter MA is above longer MA โ†’ bullish crossover signal.

๐Ÿ“Š Volume Insights:

Volume bar activity is rising, aligning with price โ€” confirming trend strength.

24h Volume (INIT): 22.09M โ€” significant activity.

๐Ÿง  Conclusion:

Short-term: Bullish momentum, likely to test resistance around $0.41โ€“$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 $0.45โ€“$0.47.

Failure to hold $0.39 might trigger a pullback.

buy and trade