Through the analysis of the trading curve of the $INIT currency, we notice that the percentage of sell orders reaches 63% of the trading operations.

The current value of the currency is lower than the values of the moving averages MA7 and MA25.

This indicates a continuation of the downward trend.

Therefore, there is no clear reversal indicator yet, except for the decrease in the trading percentage compared to what it was at the beginning of the trading process of this currency, and thus there may be a temporary rebound, but it is technically very difficult to reach 0.9 USDT again.