🚀 $INIT EXPLODES WITH A MASSIVE 68% SURGE! IS ANOTHER LEG UP COMING?
INIT/USDT is showing impressive bullish momentum on the daily chart, currently trading around $0.21387, up approximately 68.76%. Buyers have stepped in aggressively, producing two powerful green candles backed by a significant increase in trading volume. The price has also moved above the MA(7), MA(25), and MA(99), while the Parabolic SAR has turned bullish. This suggests that buyers are currently in control and market momentum is shifting in favor of the bulls.
📊 Key Levels to Watch:
Resistance: $0.22680
Next upside target: $0.24000–$0.25800
Immediate support: $0.18900
Strong support: $0.15500–$0.15000
🔥 A strong daily close above $0.22680 could open the door for another bullish move. However, after such a sharp rally, short-term profit-taking and a healthy pullback are also possible. Watch volume and confirmation before entering a trade.
Is $INIT preparing for another breakout? 👀
#INIT #Initia #BinanceSquare
#CPITestsDecemberRateOutlook
#NvidiaInvestigatesAfterHuang’sAffairApology
INIT/USDT is showing impressive bullish momentum on the daily chart, currently trading around $0.21387, up approximately 68.76%. Buyers have stepped in aggressively, producing two powerful green candles backed by a significant increase in trading volume. The price has also moved above the MA(7), MA(25), and MA(99), while the Parabolic SAR has turned bullish. This suggests that buyers are currently in control and market momentum is shifting in favor of the bulls.
📊 Key Levels to Watch:
Resistance: $0.22680
Next upside target: $0.24000–$0.25800
Immediate support: $0.18900
Strong support: $0.15500–$0.15000
🔥 A strong daily close above $0.22680 could open the door for another bullish move. However, after such a sharp rally, short-term profit-taking and a healthy pullback are also possible. Watch volume and confirmation before entering a trade.
Is $INIT preparing for another breakout? 👀
#INIT #Initia #BinanceSquare
#CPITestsDecemberRateOutlook
#NvidiaInvestigatesAfterHuang’sAffairApology
