$INIT rallied and pulled back, with the current price down 8.75% from the day's high.

My take: It pulled back sharply after rallying, and selling pressure is emerging overhead.

0.225467 below (15m structural level · touched 3 times) is the nearest support. Only if it breaks below this level can we say the downside is opening up.

#INIT #Cryptocurrency

What do you think the direction will be from here?