🚀 $INIT on the Rise – Newcomer with Momentum!
$INIT is flexing strength in today’s session, currently at $0.6976 with a +11.42% pump!
From a low of $0.6116 to a high of $0.7318, this Layer 1 project is catching serious traction!
Chart Insights:
• 📈 Strong uptrend visible on the 1H chart
• 🟢 Volume building – 24h Vol at 41.33M INIT
• ⏫ Recently tapped resistance at $0.7318 – possible breakout zone ahead
• 🔄 Pullback to ~$0.68 area could offer solid re-entry
Trading Signals:
• Signal: ✅ Buy on dips toward support (0.67–0.68)
• Short-term Target: $0.74
• Mid-term Breakout Zone: Above $0.75 could ignite next leg
• Risk Management: SL below $0.66
Sentiment:
🔥 Bullish setup
⚠️ Watch for volume confirmation
🌱 Newer project – volatility expected
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