$INIT : The Sleeping Giant Wakes Up! +55% Surge Today! 📈
Is the "Interwoven Network" finally ready for a massive moon mission? After a period of quiet accumulation, Initia ($INIT) is flashing a massive V-shaped recovery on the daily charts!
🔥 Why is the market buzzing about Initia?
Initia isn't just another Layer 1—it’s the glue for the next generation of rollups. Here’s what’s fueling the heat:
Massive Breakout: After hitting a floor of $0.058 earlier this month, $INIT has skyrocketed over 55% in 24 hours, currently testing the $0.114 resistance!
The Interwoven Stack: Developers are flocking to Initia to launch "Minitias" (app-specific L2s) that support EVM, MoveVM, and WasmVM all in one place.
Institutional Backing: With support from Binance Labs and Delphi Digital, the long-term conviction remains rock solid.
📊 Technical Snapshot:
Support: Strong base at $0.070.
Resistance: Eyes on the $0.132 level. A clean break here could trigger a "God Candle" toward the $0.20 zone.
Volume: 24h trading volume has exploded to over $100M+, showing high liquidity and buyer interest.
💡 Strategy Move:
The RSI is climbing but not yet overbought on the higher timeframes. Many traders are looking at the current "retest" of the breakout zone as a potential entry before the next leg up.
"Modular is the future, and Initia is the orchestrator." What’s your move? 🚀 Bullish to $0.50?
💎 HODLing for the long term?
🐻 Waiting for a dip?
Let us know in the comments! 👇
#Initia #INIT #CryptoAnalysis #AltcoinSeason #BinanceSquare
$INIT Trade here 👇
