$INIT SIGNAL ALERT 🔴🟢✨️✨️✨️

$INIT is currently trading at 0.8002 USDT and forming a symmetrical triangle pattern on the 1-hour chart. This pattern is identified by converging trendlines of lower highs and higher lows, signaling market indecision and price compression.

A symmetrical triangle typically indicates that a strong breakout is coming, though the direction remains uncertain until one of the trendlines is decisively broken with volume support. Right now, RSI is at 62.92, showing bullish momentum building but still under overbought conditions.

If $INIT breaks above 0.83 USDT, it could quickly test 0.90 and beyond. On the downside, a break below 0.71 USDT would expose the market to a possible drop toward 0.65. Volume is starting to increase, so it’s worth watching closely for a clean breakout move soon.

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