🚀 INIT Just Printed a 58% Breakout — Is This the Start?
$INIT exploded from the $0.06 base and ripped through $0.10, tagging $0.14 with massive volume.
That’s not noise.
That’s ignition.
📊 What confirms it:
Long compression between 0.06–0.08
Clean break above 0.10 structure flip
4H vertical expansion candle
Heavy volume participation
Now the focus shifts to continuation.
🎯 Key zone: $0.13
✔ Holds above → 0.17–0.20 becomes realistic
⚠ Loses it → 0.10 retest likely
Breakouts after long compression often mark the beginning — not the end.
Is this the first leg?