📊 Price Overview & Market Data
Current Price: ~$0.6633
24h Trading Volume: ~$277 million
Market Capitalization: ~$100 million
24h Volatility: +15.18%
7-day Volatility: -2.43%
30-day Volatility: +94.48%
All-Time High (ATH): $0.953 (April 25, 2025)
Data Source: CoinMarketCap, CoinGecko
📰 Top News in the Last 24 Hours
Listed on Binance Launchpool: Initia (INIT) is the 68th project on Binance Launchpool, allowing users to farm INIT by locking BNB, FDUSD, and USDC from April 18, 2025.
Strong growth after listing: The price of INIT surged to about $0.9 just hours after listing on Binance, recording an increase of +350.30% from the daily low of $0.2000.
📈 Multi-Timeframe Technical Analysis
⏱️ 15M & 1H
RSI(14): ~78 – overbought zone
MACD: Positive, histogram widening
Volume: Spike, confirming the uptrend
Analysis: The price has broken out of the bearish pattern; it may adjust slightly before continuing to rise.
⏱️ 4H Timeframe
Pattern: Falling wedge – bullish reversal signal
Near resistance: $0.75 – $0.80
Near support: $0.60 – $0.65
Analysis: If it breaks $0.75 with high volume, the next target is $0.90 – $1.00.
📅 1D Timeframe
EMA 50: $0.65
EMA 200: $0.70
MACD: Bullish crossover
RSI(14): ~58 – neutral
Analysis: The price is testing EMA 50; if it surpasses EMA 200, it will confirm a long-term uptrend.
💼 Suggested Trading Strategy
📌 Spot
Entry: When the price breaks $0.75 with high volume
Take Profit: $0.90 – $1.00
Stop Loss: Below $0.65
📌 Futures
Long Entry: When the price breaks $0.75 with confirming volume.
Take Profit: $0.90 – $1.00
Stop Loss: Below $0.65
Note: Manage risk tightly due to high volatility.
🔮 Short and Medium-Term Forecast
May 2025: Target $0.90 – $1.00 if it breaks resistance at $0.75 with high volume.
End of 2025: The price could reach $1.50 – $2.00 if the uptrend is maintained.
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