Initia got hacked and halted for the second time in 3 weeks. $INIT pumped 60% anyway 👀

Bad news, green candle. Shorts got liquidated and open interest doubled.

I'm watching a pullback to 0.22–0.24 with tiny size. Targets 0.2836 and 0.3319. Out below 0.20.

Squeeze or trap?

#Initia #INIT #CryptoTrading

DYOR / NFA