### 🚨 Short Squeeze Incoming? $INIT Sparks Massive Volatility! 🚀🔥
$INIT is catching heavy momentum with a sharp 50%+ intraday spike as open interest surges and shorts scramble to cover. Are bulls gearing up to break major resistance, or is a cooler retest coming first?
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#### 📊 Quick Breakdown
* **Price Action:** Pumping hard near $0.130–$0.190 range with intense volume.
* **Derivatives:** Open interest is surging aggressively with heavy short liquidations.
* **Key Support:** $0.1150 – $0.1200
* **Upside Target:** $0.1950+
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DYOR!
#### 💡 Setup
```text
PAIR : INIT / USDT 📈
ENTRY : $0.1180 - $0.1250 (Watch for retest)
SL : $0.1080
TP 1 : $0.1600
TP 2 : $0.1950
$INIT is catching heavy momentum with a sharp 50%+ intraday spike as open interest surges and shorts scramble to cover. Are bulls gearing up to break major resistance, or is a cooler retest coming first?
---
#### 📊 Quick Breakdown
* **Price Action:** Pumping hard near $0.130–$0.190 range with intense volume.
* **Derivatives:** Open interest is surging aggressively with heavy short liquidations.
* **Key Support:** $0.1150 – $0.1200
* **Upside Target:** $0.1950+
---
DYOR!
#### 💡 Setup
```text
PAIR : INIT / USDT 📈
ENTRY : $0.1180 - $0.1250 (Watch for retest)
SL : $0.1080
TP 1 : $0.1600
TP 2 : $0.1950