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INIT gained almost 60% in a day and attracted quite a bit of attention. The price reached $0.23165, but after such a surge, a pullback began. The token is now holding around $0.212, while the RSI has already dropped to 36. It looks like buyers have run out of steam a little. But is it all over? Not necessarily. For now, I’d watch to see whether INIT can hold its position and resume its climb. A correction after moves like that is perfectly normal.#Initia $INIT
INIT gained almost 60% in a day and attracted quite a bit of attention. The price reached $0.23165, but after such a surge, a pullback began. The token is now holding around $0.212, while the RSI has already dropped to 36. It looks like buyers have run out of steam a little. But is it all over? Not necessarily. For now, I’d watch to see whether INIT can hold its position and resume its climb. A correction after moves like that is perfectly normal.#Initia $INIT
