$INIT /USDT
INIT Building Momentum — Eyes on Break Above $0.4230
$INIT is trading at $0.4164, recording a strong +17.93% gain for the day. After touching a 24h high of $0.4195, the price is hovering near key resistance at $0.4231. With volume coming in at 46.63M INIT and $18.40M USDT, bullish sentiment is gaining traction. If the price breaks above the immediate resistance, a move toward $0.4400–$0.4550 could follow. Support rests at $0.3919–$0.3763, and maintaining this range is crucial for the continuation of the uptrend.
Trade Setup:
Entry: $0.4120–$0.4175
Target 1: $0.4230
Target 2: $0.4520
Stop-loss: $0.3740
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