$INJ jumped 14.5% and liquidity doubled... Are we witnessing the start of a rally or a liquidity trap? 📈
The price stabilized at $8.73, with trading volume reaching 2.3 times the usual level, confirming institutional interest in the current rally. The break above the psychological resistance at $8.50 came with strong buying momentum on the 15-minute timeframe, while the RSI suggests there may be room to rise before entering overbought territory.
Most likely scenario: continued sideways consolidation above $8.50 to build a new base before targeting $9.20, provided volume remains above average.
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$INJ
This content is not investment advice. Do your own research (DYOR).
The price stabilized at $8.73, with trading volume reaching 2.3 times the usual level, confirming institutional interest in the current rally. The break above the psychological resistance at $8.50 came with strong buying momentum on the 15-minute timeframe, while the RSI suggests there may be room to rise before entering overbought territory.
Most likely scenario: continued sideways consolidation above $8.50 to build a new base before targeting $9.20, provided volume remains above average.
Follow us for deeper analysis and real-time updates 🔍
$INJ
This content is not investment advice. Do your own research (DYOR).