$INIT is attracting attention after $5.846K in short positions were liquidated near $0.13797. This liquidation activity indicates buying pressure around the reported level and puts bullish continuation on the watchlist.
Key Levels to Watch:
Support: $0.135–$0.137
Resistance: $0.140–$0.143
Next Targets: $0.145 / $0.148
If INIT successfully reclaims $0.143 with increasing volume, another upside move could develop. However, losing the support zone may weaken the setup. Watch for confirmation before entering.
#Bitcoin midterm election pattern #AMD reports Q3 earnings #US October NFP: Are Rate Cuts Still Possible? #Anthropic IPO Valuation Drops to $1.5 Trillion as Investors Reassess AI Growth
