$INIT
đ $INIT Market Update: The Bullish Reversal is Here!
Initia (INIT) is currently stealing the spotlight with a powerful breakout. After a period of accumulation near the $0.058 base, the "Interwoven Network" is seeing a massive surge in volume and price action.
đ Key Market Stats (Today):
Current Price: ~$0.1389 đą
24h Change: +16% to +60% (depending on the exchange pair)
24h High/Low: $0.1521 / $0.0958
Trading Volume: Over $200M (Massive spike!)
đ Technical Analysis & Setup:
The chart structure has shifted from bearish to strongly bullish. Weâve seen a "Rounded Bottom" breakout on the 4H timeframe, confirmed by a spike in buying pressure.
Support Zone: $0.122 - $0.125 (Must hold for continuation)
Immediate Resistance: $0.152
Targets: * đŻ TP1: $0.165
đŻ TP2: $0.188
đŻ TP3: $0.220+
Stop Loss (Risk Management): Below $0.115
đĄ Why is INIT pumping?
Volume Confirmation: The 24h trading volume has surged over 140%, signaling that "smart money" is entering.
Altcoin Rotation: As major caps consolidate, liquidity is flowing into high-potential infrastructure projects like Initia
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