$INIT Over the past few hours, the price fell from 0.17473 to 0.11951, remaining below the 50-period moving average. An RSI of 32.7 indicates mild oversold conditions, but not a critical zone. Volume of nearly 40 million USDT confirms market activity.
If the price breaks through support at 0.11828, it could fall further toward the next level at 0.115. If it holds below 0.11828, a new high could emerge around 0.120–0.125.
Risk remains high due to the sharp correction and potential for further volatility. #Binance
If the price breaks through support at 0.11828, it could fall further toward the next level at 0.115. If it holds below 0.11828, a new high could emerge around 0.120–0.125.
Risk remains high due to the sharp correction and potential for further volatility. #Binance
