$INIT USDT – REVERSAL IN MOTION? BULLS GAINING CONTROL!

HIGHER LOW FORMED. STRONG GREEN CANDLE WITH VOLUME.

After bottoming out at $0.4176, $INIT is showing a clear shift in momentum. Price has rebounded impressively on the 4H chart, now holding firm at $0.4626 with a solid +4.90% gain. Buyers stepped in aggressively after the breakdown, forming a potential short-term reversal structure.

Price has reclaimed the $0.4518 support level and is testing overhead resistance near $0.4661. If bulls manage a breakout above this level, we could see a move toward the $0.4900 – $0.5050 range.

LONG TRADE SETUP

Entry: $0.4600 – $0.4650

Target 1: $0.4900

Target 2: $0.5050

Stop Loss: Below $0.4480

Volume is recovering, confirming the shift in demand. As long as INIT stays above $0.4510, the bulls remain in charge.

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