$INIT JUST ERUPTED—UP +204% AND HOLDING STRONG!
$INIT is currently trading at $0.6080, exploding with a jaw-dropping +204.00% gain. After rocketing from a 24H low of $0.2000 to a high of $0.7100, the price is now consolidating just below the $0.61 zone. Volatility is massive, but momentum still favors the bulls—next leg could ignite anytime.
Key Levels to Watch
Resistance:
• $0.6150 – Immediate breakout level
• $0.6450 – First major resistance
• $0.6820 – Pre-top resistance just below 24H high
• $0.7100 – Full extension and current top
Support:
• $0.6000 – Key intraday support
• $0.5720 – Minor base if price pulls back
• $0.5200 – Deep retrace level if momentum fails
Trade Setup
Bullish Setup:
• Entry on a breakout above $0.6150
• TP1: $0.6450
• TP2: $0.6820
• TP3: $0.7100
Bearish Setup:
• Break below $0.6000 might cause deeper correction
• TP1: $0.5720
• TP2: $0.5200
Stop-Loss Tips:
• For longs: below $0.5940
• For shorts: above $0.6160
$INIT is red-hot. After a +200% breakout, it’s holding the gains like a champ. Watch for a clean move above $0.6150 with volume—next blast could be on deck. This is one to watch live—extreme moves ahead.