🚀$INIT INIT/USDT Making Serious Moves on Binance!
INIT is currently trading at $0.1004 (Rs28.06), up a massive +41.61% in the last 24 hours! 🔥
📊 24H Stats:
• High: $0.1381
• Low: $0.0705
• Volume (INIT): 223.31M
• Volume $INIT (USDT): 24.05M
On the 4H timeframe, we saw a strong bullish breakout followed by a healthy pullback and consolidation around the $0.10 zone. The circled area shows price stabilizing after rejection from the high — a potential continuation setup if buyers step back in. 👀
Moving averages are trending upward, signaling momentum still favors the bulls.
⚡ Key Level to Watch:
• Support: Around $0.09 – $0.095
• Resistance: $0.11 – $0.138
If momentum continues, we could see another leg up. Manage risk and trade smart.
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