$INIT just delivered a powerful +46% surge, printing a 24h high near 0.138 before cooling to 0.1042, signaling classic breakout-then-compression behavior. The sharp volume burst confirms aggressive buyer participation, yet the descending MA60 overhead shows trend pressure hasn’t fully flipped bullish. Price structure reveals lower intraday highs, suggesting short-term profit taking while volatility contracts. Key support is forming around 0.103–0.104; if this base holds, accumulation could fuel another impulse wave. However, failure there risks a liquidity sweep toward earlier consolidation zones. Momentum traders should monitor volume expansion — because the next spike, not the last one, will decide whether INIT transitions from hype move to sustained trend.

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INIT

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