#Initia ($INIT ) recently reached an all-time high (ATH) of $0.9857 following a significant rally from $0.2000. However, the price has since pulled back, currently trading around $0.6505.

Market Recap:

ATH Reached: $0.9857

Current Price: $0.6505

24h Range: $0.6501 – $0.8346

What's Next?

If $INIT fails to hold above $0.7000, selling pressure could intensify, potentially pushing the price toward $0.6500 or lower. Conversely, a rebound above $0.7500 might help stabilise the price and attract new buyers.

Given the high volatility often seen in newly listed coins after major rallies, it's advisable to stay cautious and monitor key support and resistance levels closely.

For real-time updates and detailed charts, you can refer to platforms like Coin Gecko and Coin Market Cap.