$INIT made a strong move from around *$0.12 to $0.23*, before pulling back near *$0.218* on this chart.

My view: Buyers look strong, but I wouldn't chase after such a fast rise. I'm watching *$0.20 as support* and *$0.23 - $0.237 as resistance*.

Holding above $0.20 could support another push higher. Losing it could bring a deeper pullback.

#INIT #crypto #Binance