$INIT is currently trading at $0.4947, showing moderate volatility and opportunities for strategic spot trading. In a spot trade, you purchase the asset at market price and hold it in your wallet, aiming for gains as the value appreciates without using leverage.

Based on recent price action, a good entry zone could be around $0.4700–$0.4900, allowing buyers to enter close to support. To limit downside risk, place a stop loss near $0.4500, which is just below the last key support area, protecting against larger drops.

Allocating 30–40% of your planned capital in each entry layer helps spread risk in case of further dips. Watch for volume spikes and BTC’s trend, as these can trigger stronger moves in $INIT. With disciplined entries, strict stop-loss use, and patience, traders can potentially capture profitable swings in this volatile yet promising market setup.