Analysis: 
INIT’s 24.5% daily range indicates extreme volatility, with the price at $0.85 showing no follow-through after a recovery. The 4H MACD is bearish, and the Parabolic SAR flipped above the price. Short at $0.85, targeting $0.78, with a stop-loss at $0.87.
Key Levels: Resistance: $0.85, $0.87 | Support: $0.78, $0.73
Indicators: MACD (Bearish), Parabolic SAR
INIT’s 24.5% daily range indicates extreme volatility, with the price at $0.85 showing no follow-through after a recovery. The 4H MACD is bearish, and the Parabolic SAR flipped above the price. Short at $0.85, targeting $0.78, with a stop-loss at $0.87.Key Levels: Resistance: $0.85, $0.87 | Support: $0.78, $0.73
Indicators: MACD (Bearish), Parabolic SAR
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