$INIT sitting at $0.0694 after tagging the $0.0803 high. That long upper wick tells a story — liquidity grab, not weakness. Smart money pushed price up, trapped late buyers, then cooled it off. Now we’re stabilizing above structure. Price is compressing between $0.0675 and $0.0710. This is decision time.
Support: $0.0670 – $0.0650
Major Support: $0.0640
Resistance: $0.0710
Breakout Level: $0.0745
Expansion Target: $0.0800 – $0.0850
Invalidation: Hourly close below $0.0640
If $0.0710 flips into support with volume, momentum returns fast. If sellers lose $0.0670, expect deeper retrace before continuation.#USRetailSalesMissForecast #GoldSilverRally #USIranStandoff #INIT #INitVerse

INIT
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