$INIT Potential Breakout Alert – Watch $0.7100 Level Closely!
#INIT is on fire, currently trading at $0.6622 after a +231.10% explosion in price! Volume is pumping with 65.91M in 24h trades, and price is pushing toward the $0.7100 resistance.
Key Highlights:
Massive Momentum: Steep, rapid price action suggests strong bullish pressure.
Volume Surge: Trading volume in INIT is outpacing USDT, indicating heavy interest.
Breakout Zone: A clean break and hold above $0.7100 could unlock the next leg up.
Trade Ideas (Use Caution):
Aggressive Entry (High Risk): Consider buying on breakout above $0.7100 with strong volume.
Stop-Loss: Tight SL below breakout zone (~$0.6900) to manage risk.
Conservative Strategy: Wait for consolidation above $0.7100 to confirm support before entering.
Heads-Up: After such a strong move, profit-taking is likely. Watch closely for either a breakout continuation or pullback.
Trade live on $INIT