$INIT is moving in a way that whipsaws both sides. Fast pumps then sharp pullbacks, plus high funding that settles every hour, makes holding positions expensive and risky.

Support levels to watch

0.1146, first support, if price loses this, momentum often fades.

0.1025, key support from the pullback area.

0.0904, breakdown level, losing this opens deeper drop.

0.0783, next support.

0.0694 to 0.0669, 24h low and base area.

Resistance levels to watch

0.1240, 24h high, main sell wall.

0.1268, next resistance above the high.

If you trade, keep size small and use low leverage. Avoid holding through funding resets. Long only after a 1H close above 0.1240 and hold above 0.1146. Short only after a 1H close below 0.1146 with targets toward 0.1025 then 0.0904.

DYOR #INITUSD