$INIT Update – New #ATH Achieved, now entering a downward trend

#INIT recently reached an all-time high of $0.9857 after a strong rise from $0.2000. However, after this sharp increase, the trend has turned downward, with the price now retreating and trading around $0.7066.

Market Summary:

ATH Reached: $0.9857

Current Price: $0.7066

24 Hour Range: $0.6751 – $0.9480

What’s next?

If INIT fails to hold above $0.7000, selling pressure may increase and push it towards $0.6500 or lower.

A rebound above $0.7500 may help stabilize the price and attract new buyers.

Stay cautious as volatility remains high on newly listed currencies after significant increases.

Trade here on $INIT