📊 $INJ Technical Analysis & Setup
$INJ is consolidating inside a symmetrical triangle on the 2H timeframe, with price getting squeezed between converging trendlines as the structure approaches its apex.
• Key Support / Demand: Lower triangle trendline near current compression zone
• Resistance / Supply Targets: Upper descending trendline and subsequent local supply zones
• Trigger / Confirmation: A clean candle close above the upper trendline on increasing volume
• Risk / Invalidation: A the lower pattern support line
• Market Execution: Monitor order book depth and volume expansion on the breakout attempt
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #INJ #Trading
$INJ is consolidating inside a symmetrical triangle on the 2H timeframe, with price getting squeezed between converging trendlines as the structure approaches its apex.
• Key Support / Demand: Lower triangle trendline near current compression zone
• Resistance / Supply Targets: Upper descending trendline and subsequent local supply zones
• Trigger / Confirmation: A clean candle close above the upper trendline on increasing volume
• Risk / Invalidation: A the lower pattern support line
• Market Execution: Monitor order book depth and volume expansion on the breakout attempt
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #INJ #Trading
