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Introduction 🤔 The current price action of $INIT coin is characterized by a "zig-zag" pattern, a common occurrence in technical analysis 📊. This type of movement often indicates a period of consolidation where the price is neither making significant upward nor downward progress 🤔. Understanding the Zigzag Pattern 📊 The zigzag pattern is a technical analysis tool used to identify trends and filter out market noise 📊. What is a Zigzag Pattern? 🤔 A zigzag pattern is a series of price movements that zigzag up and down, often within a narrow range 📊 This pattern can indicate a period of consolidation or indecision in the market 🤔 Why Does it Occur? 🌟 The zigzag pattern can occur due to various factors, including market volatility, trading volume, and investor sentiment 🌟 - It can also be a sign of a market taking a breather before making a significant move 📈 Analyzing $INIT Coin's Price Action 📊 Let's take a closer look at $INIT coin's current price action 📊. Current Price Movement 📈 $INIT coin's price is currently moving in a zigzag pattern, with prices fluctuating up and down within a narrow range 📊 This movement indicates a period of consolidation, where the price is neither making significant upward nor downward progress 🤔 Trading Volume 📊 Trading volume is an essential indicator to consider when analyzing the zigzag pattern 📊 Low trading volume can indicate a lack of conviction, while high trading volume can signal strong interest 🤝 Potential Upside 📈 The zigzag pattern can be a sign of a potential upside 📈. Breakout Potential 🔥 If $INIT coin's price breaks out of the current zigzag pattern, it could lead to a significant upward movement 🔥 This breakout can be triggered by various factors, including positive news, increased adoption, or favorable market conditions 🌟 Targets and Resistance Levels 📊 Identifying potential targets and resistance levels is crucial when analyzing the zigzag pattern 📊 These levels can help traders determine potential price movements and make informed decisions 🤝 Conclusion 🤔 In conclusion, $INIT coin's zigzag pattern is a common occurrence in technical analysis 📊. This pattern indicates a period of consolidation, where the price is neither making significant upward nor downward progress 🤔. However, the potential upside is significant, and traders should keep an eye on breakout potential, targets, and resistance levels 📈.

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the $zig payments to influenzas to shill their coin have gone out the charts with arrows pointing up have started popping up on the timeline if you are a bag holder, this is your exit liquidity before it goes to zero

More partners to @ZIGChain More projects Building on #ZIGChain $ZIG is really underrated and deserves more support imo

More and more build on @ZIGChain This is insane #zigchain $zig