$INJ is trading at $8.28, up 8.02%, with $130.6 million in 24-hour volume. A breakout above short-term descending trendline resistance, RSI above 60, and open interest growth exceeding 12% support bullish momentum. Binance's staged reopening of network withdrawals is another relevant catalyst. However, dependence on Bitcoin stability remains important.
📈 Bias: Bullish | 🎯 Entry: Long near $8.15 | 🛡 Support: $8.00 / $7.50 | 🚧 Resistance: $8.80 / $9.40 | 🎯 Targets: $8.75 / $9.20 / $9.80 | ❌ Invalidation: $7.70
Strategy: Watch for a controlled pullback toward $8.15 and confirmation before entering. Monitor Bitcoin's $75,000 macro floor.
#Injective #İNJ #AltcoinTrading #CryptoAnalysis #Binance
📈 Bias: Bullish | 🎯 Entry: Long near $8.15 | 🛡 Support: $8.00 / $7.50 | 🚧 Resistance: $8.80 / $9.40 | 🎯 Targets: $8.75 / $9.20 / $9.80 | ❌ Invalidation: $7.70
Strategy: Watch for a controlled pullback toward $8.15 and confirmation before entering. Monitor Bitcoin's $75,000 macro floor.
#Injective #İNJ #AltcoinTrading #CryptoAnalysis #Binance
