Don't ignore the warning signs on this chart, even for hot $INIT! 🚨
$INIT is up 15%, but keep an eye on the overhead resistance.
RSI is signaling potential overextension on the 4H. Momentum is strong, but corrections are healthy. 📈
Clear invalidation if it breaks critical support.
Are you holding $INIT, or eyeing a safer re-entry point? 👇