$INIT – BULLS COOLING DOWN OR GEARING UP FOR NEXT PUSH? WATCH THIS ZONE!

$INIT rallied strongly from $0.3989 to a high of $0.4270, followed by a mild pullback toward $0.4160 support. Price is currently stabilizing, and if this level holds, bulls could reload for another breakout attempt above the recent high. The structure remains bullish as long as price stays above $0.4100.

Long Trade Setup:

• Entry: $0.4160 – $0.4190

• Target 1: $0.4260

• Target 2: $0.4325

• Stop Loss: $0.4095

Momentum is intact with higher lows and strong volume on the move up. Keep an eye on $0.4270 breakout level—confirmation above it opens up more upside potential.

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