🚨 INIT/USDT Perp Update – Real-Time
Price: ~$0.4075 🔼 +13.45%
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📰 News / Fundamentals
Initia is a modular Cosmos-based blockchain integrating MoveVM, WasmVM, and EVM. It enables custom rollups ("minitias") and uses INIT for gas, staking, governance, and cross-chain settlement. Backed by Binance Labs and Delphi Digital, INIT has low unlocked supply (~15%) and upcoming token unlock on Aug 24, 2025.
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📉 Technicals & Trade Levels
INIT has broken above its post-listing base near $0.40 with strong volume, signaling bullish continuation. Immediate resistance lies at $0.45–$0.48. Breakout above $0.50 could push toward $0.55–$0.60. Downside risk emerges below $0.39, potentially retesting $0.34–$0.36.
Long Setup: Entry ~$0.40–$0.41, SL $0.39, TP1 $0.48, TP2 $0.55
Short Setup (if rejection): Entry $0.46–$0.48, SL $0.50, TP $0.42
Overall structure supports continuation higher if $0.45–$0.48 breaks with confirmation.
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🧠 Smart Money / Whale Activity
Exchange balances decreasing while large wallets accumulate. Early investors show low sell pressure; most tokens remain locked.
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🎯 Sentiment: Bullish
Strong momentum, limited supply, and launch backing suggest early-stage upside potential remains intact.
