$INIT
is currently trading around $0.1001, showing a strong bounce after defending the critical support zone at $0.0965–$0.0980, which confirms buyers are stepping in aggressively. Immediate resistance stands at $0.1035, and a breakout above this level can ignite a bullish continuation toward $0.1075 and $0.1120 🎯. The recent bullish candle suggests momentum is shifting in favor of buyers, and if price holds above $0.1000, the next move will likely be an expansion phase. However, losing $0.0965 would open downside risk toward $0.0930. Pro tip: Watch for a strong hourly close above $0.1035 with volume — that’s your confirmation for the real breakout move.
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