$INIT is holding the $0.39–$0.41 support zone, showing signs of a potential reversal after heavy sell-off from $0.4981.

📍 Entry Zone:

• $0.4100–$0.4150 (near recent bounce level and 7MA retest)

🎯 Targets:

• TP1: $0.438 – 99MA resistance

• TP2: $0.456 – mid-resistance zone

• TP3: $0.495–0.50 – recent high (swing target)

🛡️ Stop-Loss:

• Tight SL: $0.397

• Wider SL: $0.385 (below key support & wick low)

📊 Good R/R setup if volume returns. Needs a 4H candle close above $0.427 for confirmation.

🚨 Not financial advice. Always DYOR.

#INIT #SwingTrade #Layer1 #CryptoTA #ModularBlockchains #BinanceSquare