#The coin #INJ is showing strong performance, rising by over 19% in the past 24 hours and reaching a peak of $9.422 before entering a current profit-taking wave at $9.073 🔥.
📌 Technical analysis (15-minute timeframe):
Current situation: We are seeing a slight corrective pullback below the nearby MA(7) and MA(25) averages ($9.121 - $9.172).
Key support zone: The $8.700 level (aligned with MA(99)) is considered an important bounce zone for maintaining upward momentum.
Resistance zone: Returning above and closing over $9.170 would open the way to retest the peak at $9.422 and attempt a breakout 🎯.
⚠️ Suggested trading plan:
For buyers: It is preferable to wait for the price to stabilize and show rebound signals from support zones (8.700), or wait for a resistance breakout and confirmation with a close above 9.170.
Always remember to follow risk management practices and clearly define your targets!
💭 What do you expect the next move to be for INJ? Share your thoughts in the comments! 👇
#BinanceSquare #INJ #Crypto #Trading #USDT #TechnicalAnalysis $INJ
📌 Technical analysis (15-minute timeframe):
Current situation: We are seeing a slight corrective pullback below the nearby MA(7) and MA(25) averages ($9.121 - $9.172).
Key support zone: The $8.700 level (aligned with MA(99)) is considered an important bounce zone for maintaining upward momentum.
Resistance zone: Returning above and closing over $9.170 would open the way to retest the peak at $9.422 and attempt a breakout 🎯.
⚠️ Suggested trading plan:
For buyers: It is preferable to wait for the price to stabilize and show rebound signals from support zones (8.700), or wait for a resistance breakout and confirmation with a close above 9.170.
Always remember to follow risk management practices and clearly define your targets!
💭 What do you expect the next move to be for INJ? Share your thoughts in the comments! 👇
#BinanceSquare #INJ #Crypto #Trading #USDT #TechnicalAnalysis $INJ