$INIT USDT just put on a full drama show today — pump, trap, dump… and now it’s trying to stand back up.
Right now INITUSDT Perp is around 0.11980, up +5.36%, but don’t let the green fool you. The day range is wide and wild:
24h High: 0.15000
24h Low: 0.11350 That’s a huge move for a low-price coin, and it tells you one thing: this is a high-speed market.
On the 15-minute chart, INIT ripped up hard and printed a peak around 0.14346. After that, the momentum died fast and sellers slammed it down. The drop was heavy, and price even wicked down to 0.11665 before bouncing back to the current area near 0.120.
What the chart is saying
This looks like a strong pump that got sold off quickly. Now we’re in the “aftershock” phase — small candles, tight range, and everyone watching the next break.
Key zones to watch
Support (where the floor is):
0.1200 – 0.1180 (current holding area)
0.1166 – 0.1135 (danger zone; if price goes back here, it can get ugly fast)
Resistance (where bulls must prove themselves):
0.1212 – 0.1271 (first recovery wall)
0.1330 (big checkpoint)
0.1389 – 0.1435 (the pump zone, strong selling area)
0.1500 (today’s top)
Simple way to read the next move
If INIT can hold above 0.120 and push back over 0.127, it can build a real bounce.
If it loses 0.118 again, the chart may pull it back toward 0.1166 and possibly the 0.1135 low.
This one is fast and emotional — perfect for quick moves, but it doesn’t forgive mistakes. Trade it like it can move suddenly… because it can.
Not financial advice — just a clean read from the chart.
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