$INIT just showed a classic liquidity grab — structure stabilizing INIT pushed aggressively into the $0.1013 high, sweeping buy-side liquidity before facing a sharp pullback. That move flushed late longs and dragged price back into a key demand zone, where buyers responded quickly.
Price is now hovering around $0.0962, holding above the prior base and attempting to rebuild structure. As long as this zone holds, the pullback looks corrective rather than trend-breaking.
Key zones to watch: • Support: $0.0948 – $0.0960 (demand & reclaim zone)
• Resistance: $0.0990 – $0.1015 (recent high & supply area)
💬 Is INIT setting up a higher low for continuation, or will sellers force another sweep before the next move? Eyes on demand 👀🔥
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