#INJ is clearly gaining momentum, up 25% in 24 hours, 30% over the past week, and more than 70% for the month. The AI and big data sectors are strengthening in tandem, and investor interest is picking up.
Technically, $8.5 is a key short-term level. If it holds, the price could push toward $9.6; after a breakout, the next levels to watch are $11.24 and $13.57.
However, the RSI has reached 72, suggesting the price is overheated in the short term, with the risk of chasing the rally increasing. Watch for a pullback and a hold near $8.5 before assessing further upside.
Technically, $8.5 is a key short-term level. If it holds, the price could push toward $9.6; after a breakout, the next levels to watch are $11.24 and $13.57.
However, the RSI has reached 72, suggesting the price is overheated in the short term, with the risk of chasing the rally increasing. Watch for a pullback and a hold near $8.5 before assessing further upside.