📉 $INIT /USDT – Massive 330% Breakout! Volatility High, Trend Still Hot 📈

Current Price: $0.8616 (+330.80%)

24H High: $0.9447

24H Low: $0.2000

24H Volume: 502.07M INIT / $354.29M USDT

Market Insight:

INIT has exploded with a stunning rally, jumping from $0.20 to a peak of $0.94 within 24H. While some profit-taking has kicked in, the price is still holding strongly above the $0.85 support zone. The 15M chart shows solid EMA alignment:

EMA(7): $0.8705

EMA(25): $0.8555

Despite the dip from the high, the trend remains bullish as long as $0.81–$0.83 holds. Buyers are still showing interest near EMA(25), with repeated bounces.

Outlook:

Break above $0.88 could reignite momentum toward $0.94 and possibly $1.00 psychological zone. Breakdown below $0.83 might lead to a deeper correction.

Pro Tip:

Volume is your best signal now. Only re-enter on confirmed bounce or breakout above $0.88 with strong volume.

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