$INIT is showing some serious strength right now 💪
On the 4H chart, the price is consolidating just below the upper border of its descending channel. This means buyers are pushing hard against the downtrend resistance line.
Currently trading around $0.4614, $INIT is building pressure — and when this kind of setup breaks, it often leads to a strong move.
📈 If a breakout happens, we could first see price push toward the $0.60–$0.62 resistance zone, and if momentum continues, a bigger rally toward $0.75 could be on the table.
📉 On the downside, $0.35 remains a strong support zone to watch.
Looks like INIT might be gearing up for an explosive move — stay alert! 🚀
🔗 GREEN WALLET
(spot)👉$INIT
(futures)👇
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