🚀 $INIT LONG — BUYERS ARE TRYING TO BRING INITIA BACK!

INIT is showing a small recovery after a brutal sell-off. Currently trading around $0.12914, the token has dropped 55.27% in 24 hours after reaching a high of $0.29814.

The 1H chart shows a bounce from $0.10958, suggesting buyers are attempting to regain control after the sharp decline.

🔥 Latest News: Initia has confirmed a second security exploit within three weeks, with approximately $3.27 million in assets moved. Around $2.16 million remains frozen on its halted network. The team says recovery efforts are ongoing.

My view: INIT is showing a potential rebound, but the security situation remains a major concern. This is a highly speculative recovery play.

Can INIT recover from this major setback? 📈
$AGT

#INIT #Initia #Crypto #BinanceSquare