$INIT is showing strong bullish momentum after a sharp move upward.
Price is currently trading around $0.272, having broken above the previous resistance zone around $0.22–$0.24.
I’m watching this area closely for a possible retest. If buyers successfully defend it as support, INIT could have room to push towards the $0.30–$0.31 region.
A healthy retest and confirmation would offer a better setup. #Bullish #DeFi #Macro Insights#
Price is currently trading around $0.272, having broken above the previous resistance zone around $0.22–$0.24.
I’m watching this area closely for a possible retest. If buyers successfully defend it as support, INIT could have room to push towards the $0.30–$0.31 region.
A healthy retest and confirmation would offer a better setup. #Bullish #DeFi #Macro Insights#
