$INIT shook out weak hands after a +31% run and reclaimed support 👇

Up 31% in 24h, the pullback after 0.20975 scared weak hands out right at support.

0.17406 got swept and INIT is just sitting there. Sellers had their chance and nothing happened.

The high at 0.20975 is still untouched, and I think price wants to go back for it. As long as 0.17406 holds I'm happy to be long. If it doesn't, I'm wrong and out.

📌 My $INIT trade: long from 0.16847, stop at 0.14783, target 0.20975 (+24.5%, 1:2)

📊 24h Vol: $259M | 24h Chg: +31.1% | Funding: -1.0448%

Higher from here or am I dreaming? 👇
Follow for daily chart breakdowns 🔔

My opinion only. Not financial advice, do your own research.

#INIT #Crypto #Trade