$INIT is showing a classic "Double Bottom" structure near the 0.080 yearly low and is now attempting a breakout above the $0.096 resistance.
Despite recent liquidity shifts and exchange delistings, the bulls are defending the 0.085 floor with massive absorption volume.
With the "Reactor Upgrade" (5x faster blocks) now live and active core development continuing, the technical setup is primed for a 30-50% relief rally toward 0.145.
Long $INIT
Entry Zone: 0.092 – 0.098
Stop Loss: 0.082
TP1: 0.125
TP2: 0.148
INIT
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This is a high-risk/high-reward reversal scalp. Use 20x to 50x leverage with 1% margin only. Secure partial profits at TP1 and move SL to entry immediately!
Click below to Take Trade 👇
SUI
1.1493
-6.08%