$INJ is starting to look more constructive for a long setup, but I would still wait for a better entry instead of chasing near the 24h high. Price is around 5.740, up 8.53% in 24h, and it has pushed back above MA7 4.932, MA25 4.670, and MA99 5.039.
Bias: Long on pullback
Entry zone: 5.350 to 5.550
Stop: below 5.100
TP1: 5.802
TP2: 6.200
TP3: 6.700 to 7.000 if momentum continues
The reason I prefer long is that INJ reclaimed the moving averages after bouncing from 3.957, and the latest volume shows buyers are coming back. The setup stays valid as long as price holds above the 5.100 to 5.200 support area. A clean break above 5.802 would confirm continuation, but the better entry is a pullback into support first.
Bias: Long on pullback
Entry zone: 5.350 to 5.550
Stop: below 5.100
TP1: 5.802
TP2: 6.200
TP3: 6.700 to 7.000 if momentum continues
The reason I prefer long is that INJ reclaimed the moving averages after bouncing from 3.957, and the latest volume shows buyers are coming back. The setup stays valid as long as price holds above the 5.100 to 5.200 support area. A clean break above 5.802 would confirm continuation, but the better entry is a pullback into support first.
