$INIT (Last: 0.1038 | +19.31% | ~Rs29.05)

$INIT has given a decent push, and this is the same zone where the coin can enter "trend start" mode. Moves of 15–20% are often the first leg, then the market breathes for a while, and if the structure remains intact, a second leg can also occur. In this coin, the first thing I check is whether the price is making higher lows or if it was just a spike, because spike moves tend to reverse quickly. The best approach is to identify the range, treat the bottom of that range as support, and plan to enter on a retest after a breakout. If the price closes below support and volume is heavy on the sell side, it's better to step aside and wait for a new setup.

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INIT

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