$INIT saw long liquidations around 0.094, confirming buyers were forced out of positions.
Now $INIT is struggling to reclaim the resistance zone and structure shows lower highs forming.
Support: 0.089
Resistance: 0.098
Entry zone: 0.093 – 0.095
Stop Loss: 0.100
TP1: 0.091
TP2: 0.089
TP3: 0.085
Chart reasoning: failed breakout attempt and liquidation pressure suggest a pullback move on $INIT .
Risk management remains key while trading INIT.