$INIT RECOVERY BOUNCE OR ANOTHER TRAP?

INIT has bounced sharply from $0.11046, now trading near $0.14760 after extreme volatility. The 24h drop of 61.42% highlights serious risk despite the latest recovery.

Resistance: $0.1550–$0.1700
Breakout above $0.1700: $0.1900 → $0.2200 → $0.2500

Support: $0.1350–$0.1250
Breakdown below $0.1250: $0.11046 → $0.1000 → $0.0900

SECURITY INCIDENT ALERT: The platform displays a protocol security incident notification. Verify official updates before trading.

Can bulls sustain this rebound, or will sellers take control again?

Extreme caution. Wait for confirmation—avoid chasing!
$AGT
$SNDK