A coin $INJ stole all the spotlight today on the Binance platform after a rocket-like surge of more than 34%, taking the top spot on the most searched and most traded list, thanks to the entry of massive institutional liquidity that pushed the daily trading volume to record levels.
🎯 Technical analysis and immediate opportunities:
Technician: The price managed to break through a tough resistance area at $24.50 with a giant daily candle, opening the door to a move toward $31.20 as the next main target.
RSI indicator: The indicator is approaching extremely overbought levels, so we may see slight fluctuations to retest the support levels that were broken before continuing the upward move.
💡 Trading strategy right now: Direct market entry carries risk. Wait for a small correction (Pullback) toward the 25.80$ zones to capture a safer buying opportunity with the lowest possible stop-loss.
Do you think $INJ will break above the 35$ barrier this week? Share your predictions in the comments! 👇
Follow the live chart and grab your trades directly via the charting tool for $INJ below right now 👇📉
#injective #TechnicalAnalysiss #ArtificialInteligence #BinanceSquare
