$INIT Bullish Momentum Building Eyes on Breakout Above $0.423

$INIT is surging with strength, currently trading at $0.4199 (+13.12%) after rebounding from the 24H low of $0.3699. The 4H chart reveals a strong uptrend with higher highs and consistent volume support.

Long Trade Setup:

• Entry Zone: $0.4170 – $0.4200

• Target 1: $0.4280

• Target 2: $0.4380

• Target 3: $0.4500

• Stop Loss: $0.4080

Technical View:

INIT has reclaimed key levels with powerful green candles, pushing toward its 24H high of $0.4232. The structure favors bulls, with momentum likely to carry toward new local highs if $0.423 is cleared.

Risk Management:

Use a tight stop near previous support. Watch for breakout confirmation and take partial profits at each target. Volume continuation and bullish price action suggest further upside if buyers hold control.