$INIT /USDT: Surge in Price — Is the Momentum Sustainable?

$INIT /USDT is currently trading at $0.8474 (+323.70%), with a 24h high of $0.9447 and a low of $0.2000. The coin has seen a massive price surge, signaling high market interest. With a 24h volume of 471.65M INIT and $327.78M in USDT, liquidity is strong. Price is currently above key moving averages — MA(7) at $0.8754 and MA(25) at $0.7706 — indicating potential for further bullish movement. However, volatility is high, and caution is advised.

Potential Long Trade Signal:

Entry: Above $0.8800

Targets:

1. $0.9000

2. $0.9200

3. $0.9400

Stop Loss: Below $0.8000

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