$$INIT Rocket Formation Detected: Can It Hit $0.55?

$INIT just exploded past key resistance, jumping 34% to reach $0.4951 with strong momentum. A breakout from $0.42 triggered a parabolic run, backed by high volume and bullish sentiment. If this push sustains, we could see further highs soon.

Long Trade Setup:

Buy Range: $0.4800 – $0.4950

Target 1: $0.5290

Target 2: $0.5530

Stop Loss: Below $0.4560

Trend is hot. Volume is rising. Bulls are clearly in charge. INIT may be setting up for another leg up — watch closely.