$INIT SIGNAL ALERT 🟢✨🚀

$INIT has officially broken out!

Currently trading at $0.8996, INIT just broke bullish from a classic pennant formation, signaling a potential continuation of the strong uptrend.

Here’s what happened:

After rallying from $0.7125 to $0.9455, INIT consolidated in a tight pennant pattern.

Today, it broke above the upper trendline at $0.89973 with strong volume (5.5M $INIT), confirming the breakout.

Current Price (INITUSDT Perp): $0.9244 (+44.03%)

What’s next?

Bullish pennant breakout suggests a projected move of +$0.233 from the breakout point, giving us a target of around $1.13273.

The 25 MA at $0.8708 is holding below price, confirming upward momentum.

RSI(6) at 65.19 still has room before hitting overbought—momentum’s got fuel left.

Key levels to watch:

Support: $0.89973 (breakout level) – a retest and bounce here strengthens the bullish case.

Invalidation: Drop below $0.8546 may signal a failed breakout, with downside risk to $0.8008.

Stay sharp—momentum is strong, and INIT could be gearing for its next leg up! #cryptouniverseofficial #Crypto_Jobs🎯 #Write2Earn #Signal🚥. $INIT #Initia