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by: xpoolPosted on: September 8, 2025

INIT Breaks Out of Descending Wedge? Breakout Zone Approaches

The INIT/USDT token is showing signs of a potential breakout as it approaches a key resistance level at $0.3438. The price action displays a narrowing wedge pattern, with the support level at $0.33 holding firm and offering repeated tests for an upward push. Analysts attribute this rise to expanding DeFi applications and increased institutional investments.

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