$INIT
INIT
0.1016
-8.13%
has delivered an explosive move, climbing to $0.1186 with a massive 65% gain in 24 hours. The price recently touched a high near $0.1381, showing strong bullish momentum backed by rising trading volume. The breakout above key moving averages (MA7, MA25, MA99) signals trend strength on the 1-hour timeframe.
At the same time $ESP
ESP
0.07649
+17.44%
on BingX 15m chart looks pressured. Down -11%, currently around 0.054 after sweeping 0.0518 lows. Clear intraday downtrend, but small bounce shows buyers trying to defend.
Need a reclaim above 0.055–0.056 for momentum shift. Until then, trend favors sellers. Managing risk here.