$INIT /USDT – MASSIVE CRASH AFTER PUMP, BEARS TAKE OVER

$INIT has taken a sharp hit, now trading at $0.5113, down -23.57% in the last 24 hours. After reaching a high of $0.6722, the price plunged heavily to a low of $0.5066, with bears completely overpowering the recent bullish momentum.

Key Stats:

24h High: $0.6722

24h Low: $0.5066

Volume: 39.67M INIT | 23.23M USDT

This is a classic case of a post-pump selloff. After the initial rally, sellers stepped in aggressively, causing a rapid price dump of over 25%. The momentum has clearly shifted in favor of the bears.

Outlook: As long as $0.5000 holds, we may see some relief or short-term bounce. However, if it breaks below that level, further downside toward $0.4600 or lower is possible. Bulls need to reclaim $0.5550+ to regain any strength.

Caution is advised. Let the market settle before re-entering.

Buy and Trade here on $INIT