🚨 $INIT -11.95% – Pullback or Reversal? Watch for Key Levels! 🚨

Initia (INIT) has dropped -11.95% in the last 24 hours, pulling back after a period of volatility. This could be a healthy retracement, but traders should watch for key support levels to hold for potential reversal. 📉

📍 Market Snapshot:

Current Price: 0.7432

24H Change: -11.95%

24H High/Low: Approx. 0.8800 / 0.7350

Trend: Bearish pullback after recent rally

📊 Potential Trade Setup:

Entry Zone: 0.7300 – 0.7400 (watch for stabilization)

TP1: 0.8000

TP2: 0.8500

TP3: 0.9000

Stop Loss: Below 0.7100

🧠 Technical Insight:

The price has retraced to key support near 0.7400. If it holds above this level, there could be a chance for a reversal. However, a break below 0.7100 could signal further downside.

⚡ Monitor the price action — don’t rush in, wait for confirmation.

👇 What’s your strategy for INIT? Are you buying the dip or waiting for more clarity?

Buy & trade here 👉 $INIT