$INIT level map on the INITUSDT perpetual, 02:23 IST, 12 Nov 2026. This is a map, not a trade call.
Price last 0.14112, just above the session low at 0.1302. That puts it in the lower 6% of the 24-hour range and the lower 13% of the 7-day range (7-day high 0.3030, 7-day low 0.1171).
Support:
- 0.1302 session low
- 0.121-0.117, the 7-9 Nov base and 8 Nov low
Resistance:
- 0.1506-0.156 first supply
- 0.174-0.186
- 0.204-0.218, where the 24-hour VWAP (0.2055) and the 10 Nov close sit. A lot of the week's volume traded up there.
The last 1-hour and 4-hour candles bounced off 0.1302. Volume is lighter than it was during the dump. I want to see a level actually break and hold before calling the next leg.
Not financial advice.
$INIT #INIT #Initia #BinanceFutures
Price last 0.14112, just above the session low at 0.1302. That puts it in the lower 6% of the 24-hour range and the lower 13% of the 7-day range (7-day high 0.3030, 7-day low 0.1171).
Support:
- 0.1302 session low
- 0.121-0.117, the 7-9 Nov base and 8 Nov low
Resistance:
- 0.1506-0.156 first supply
- 0.174-0.186
- 0.204-0.218, where the 24-hour VWAP (0.2055) and the 10 Nov close sit. A lot of the week's volume traded up there.
The last 1-hour and 4-hour candles bounced off 0.1302. Volume is lighter than it was during the dump. I want to see a level actually break and hold before calling the next leg.
Not financial advice.
$INIT #INIT #Initia #BinanceFutures
