$INIT is not moving quietly anymore.

On the 4H chart, price exploded nearly 44% from the demand zone around 0.108 and printed aggressive wicks to the upside. That kind of volatility doesn’t happen without strong participation.

Right now price is holding around 0.1206.

The key level to watch is 0.108 – 0.110.
As long as that zone holds, structure remains bullish.

If buyers defend this area again, continuation toward 0.14 – 0.16 becomes realistic.
Lose it, and we likely revisit deeper liquidity below.

Momentum is strong, but candles are showing rejection near highs — which means smart money is either distributing or preparing for another expansion.

Patience here matters more than FOMO.

Are you buying the pullback or waiting for confirmation above recent highs?

#init #INIT