$INIT Technical Analysis: Bullish Momentum and Key Levels
A closer look at the $INIT daily chart reveals a compelling technical setup. The price has demonstrated resilience, holding a key support level and showing a higher low formation. The Moving Average Convergence Divergence (MACD) indicator is trending toward a bullish crossover, and the Relative Strength Index (RSI) is in a healthy, non-overbought zone.
Disclaimer: This is not financial advice. All investments in cryptocurrencies are subject to significant risk and volatility. Conduct your own thorough research and analysis before making any trading decisions.
