【INIT | Sharp drop over the full 17:00 hour, rebound in the full 5-minute candle at 18:10】
Binance INITUSDT perpetual, snapshot at 2026-11-09 18:17:36 Beijing time; 5-minute snapshot price: 0.1310600. All percentage changes are calculated from the actual perpetual candle open and close; monitored peaks and rolling 1-hour figures are not treated as results for completed candles.
The full 17:00–18:00 hour opened at 0.1378100 and closed at 0.1278200, down 7.2491% (open-to-close calculation: -7.2491%), with a low of 0.1245600. This is not the same price path as the 15-minute close above the prior high reported at 16:15, so it should not be described as a continued rise.
The latest completed 18:10–18:15 five-minute candle opened at 0.1269000 and closed at 0.1319900, up 4.0110%, with a high of 0.1323000.
The current 18:15–forming five-minute candle has not yet closed and is provisionally down 0.7723%; the forming 18:00–19:00 hour is provisionally up 2.6371%. Neither should be described as a completed-candle gain.
Chart support reference: 0.1245600, from the low of the completed 17:00 hour; resistance reference: 0.1325700, from a recent high (provisional; confirmation requires holding above it).
Price path only; no speculation about causes and no trading recommendations.