$INIT made a strong move from around $0.12 to $0.23 before pulling back near $0.218 on this chart.

My view: buyers look strong, but I wouldn’t chase after such a fast rise. I’m watching $0.20 as support and $0.23 to $0.237 as resistance.

Holding $0.20 could support another push higher. Losing it could bring a deeper pullback.

#INIT #crypto #Binance