**INIT/USDT** on the 15-minute timeframe,
**INIT/USDT – Massive Pump, What's Next?**
INIT just exploded with a **+243.40%** gain in 24h, jumping from **$0.2000 to a high of $0.7793**! It's now consolidating around **$0.6868**, holding strong after the pump.
**Market Outlook:**
- **Short-Term Bullish Momentum**: The price is still trading well above the moving averages.
- **Volume Spike**: A strong surge in volume accompanied the breakout, signaling interest.
- **STOCHRSI Cooling Down**: Currently at **30.74**, showing the asset is pulling back from overbought territory—potentially setting up for the next move.
**Bullish if:**
- It holds above $0.68 and reclaims $0.72–$0.78 zone.
- Buyers step in on the next dip with volume support.
**Bearish if:**
- It drops below $0.60 and breaks the trend, confirming the top at $0.7793.
- Weak follow-up buying in the next few candles.
**Final Take:**
Keep an eye on the **$0.65-$0.70** range. Breakout traders may look for the next leg up, but caution is key after such a big move.
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