$INIT / USDT Perp | Initia: Big Momentum Alert
Initia is on the move and the chart is not quiet
If you are watching the 15m timeframe you already know the buyers are pushing hard
Last Price is $0.28556 (about PKR78.98), up +86.01% in the last 24h, with Mark Price at $0.28552
24h High sits at $0.30298 and 24h Low at $0.15172
24h Volume is 5.33B INIT, or $1.17B in USDT
Price chopped sideways near $0.20 and dipped to a low of $0.18323 before buyers stepped in
A strong green run followed and pushed price through $0.2036 and $0.2299
A brief pullback formed near $0.2563 with red and green candles fighting for control
Buyers pushed again and hit a high of $0.30298 where sellers stepped in and left long wicks at the top
Right now INIT is holding around $0.28555 just under that high after a small pullback
The trend is strongly up and the market is deciding if this is a pause or the next leg higher
Support is at $0.25628 with $0.22993 below it, and the $0.18323 low is the key floor on this chart
Resistance is at $0.30298, the recent swing high, with $0.30897 just above it
A clean move above $0.30298 with volume could open the door to fresh highs
A loss of $0.25628 could bring a deeper pullback toward $0.22993
With $1.17B in USDT volume in 24 hours this is not a sleepy chart
Liquidity is there, volatility is there, and setups are forming on every timeframe
Volatility means opportunity but it also means risk
Use a stop loss, size your position wisely, and never trade money you cannot afford to lose
Not financial advice, always do your own research and trade responsibly
Let's go and trade now $INIT
Initia is on the move and the chart is not quiet
If you are watching the 15m timeframe you already know the buyers are pushing hard
Last Price is $0.28556 (about PKR78.98), up +86.01% in the last 24h, with Mark Price at $0.28552
24h High sits at $0.30298 and 24h Low at $0.15172
24h Volume is 5.33B INIT, or $1.17B in USDT
Price chopped sideways near $0.20 and dipped to a low of $0.18323 before buyers stepped in
A strong green run followed and pushed price through $0.2036 and $0.2299
A brief pullback formed near $0.2563 with red and green candles fighting for control
Buyers pushed again and hit a high of $0.30298 where sellers stepped in and left long wicks at the top
Right now INIT is holding around $0.28555 just under that high after a small pullback
The trend is strongly up and the market is deciding if this is a pause or the next leg higher
Support is at $0.25628 with $0.22993 below it, and the $0.18323 low is the key floor on this chart
Resistance is at $0.30298, the recent swing high, with $0.30897 just above it
A clean move above $0.30298 with volume could open the door to fresh highs
A loss of $0.25628 could bring a deeper pullback toward $0.22993
With $1.17B in USDT volume in 24 hours this is not a sleepy chart
Liquidity is there, volatility is there, and setups are forming on every timeframe
Volatility means opportunity but it also means risk
Use a stop loss, size your position wisely, and never trade money you cannot afford to lose
Not financial advice, always do your own research and trade responsibly
Let's go and trade now $INIT
