$INJ road ahead: THIS key level holds the secrets to INJ’s next moves - AMBCrypto Analytics
As of this writing, INJ was trading at $18.23 with a 24-hour trading volume of $123,273,162. This represented a slight decline of 1.31% in the past 24 hours, per Coingecko.
Despite the minor setback, the market sentiment around INJ remained focused on its potential to surge, especially after bouncing off a crucial support level at $14.24.
This level has shown strong buying interest, setting the stage for a possible move towards higher resistance zones.
The next major resistance levels to watch are within the $32.50-$35.00 range. If INJ continues to recover and manages to break through this resistance, it could open the door for further gains.
However, it is important to monitor the support level at $17.67, just below the current trading price, to gauge whether the recent bounce can sustain momentum or if there is a risk of further downside.