🚀 $INIT /USDT – Volatility After Big Pump!

INIT
INITUSDT
0.10142
-5.54%

💰 Current Price: $0.1178

🔻 24H Change: -6.43%

📈 High: $0.1562 | 📉 Low: $0.1126

📊 Timeframe: 4H

📊 What’s Happening?

After a massive breakout from $0.056 → $0.156, INIT is now in a pullback & consolidation phase. The price rejected the highs and is cooling down with sharp volatility.

🔸 RSI (6): 53 → Neutral zone

🔸 Volume spike shows strong interest but fading momentum

🔸 Market deciding next direction

🎯 Key Levels to Watch:

🔹 Support Zones:

• $0.112 – $0.110 (immediate support)

• $0.095 (strong demand area)

🔸 Resistance Zones:

• $0.130 – $0.135

• $0.156 (recent high)

⚡ Possible Scenarios:

🟢 Bullish Case: Hold above $0.112 → reclaim $0.13 → push towards $0.15+

🔴 Bearish Case: Lose $0.11 → deeper pullback to $0.095 zone

🧠 Trading Insight:

Big pumps often bring healthy corrections. Don’t FOMO at the top — wait for structure & confirmation

#INIT #CryptoUpdate #BinanceTrading #Altcoins #MarketAnalysis