๐ $INJ
โ Strong Week, What's Next?
INJ is trading at 8.663, up about 31% in 7 days and 56% in 30 days. It hit a 24h high of 9.413 and then pulled back.
๐น Resistance: 9.41 (today's high)
๐น Near support: 8.22 (24h low)
๐น Key support: ~7.07, the old resistance zone from the 2D chart
๐น Risk level: a close below ~5.55 breaks the bullish structure
๐น Order book: 57% buyers vs 43% sellers, slightly bullish
After such a fast rise, a pullback toward 8.2 or 7.07 would be normal. Chasing at the top is risky, so waiting for a retest is safer.
โ ๏ธ My own analysis, not financial advice. Manage your risk.
#INJ #Binance #TechnicalAnalysis
โ Strong Week, What's Next?
INJ is trading at 8.663, up about 31% in 7 days and 56% in 30 days. It hit a 24h high of 9.413 and then pulled back.
๐น Resistance: 9.41 (today's high)
๐น Near support: 8.22 (24h low)
๐น Key support: ~7.07, the old resistance zone from the 2D chart
๐น Risk level: a close below ~5.55 breaks the bullish structure
๐น Order book: 57% buyers vs 43% sellers, slightly bullish
After such a fast rise, a pullback toward 8.2 or 7.07 would be normal. Chasing at the top is risky, so waiting for a retest is safer.
โ ๏ธ My own analysis, not financial advice. Manage your risk.
#INJ #Binance #TechnicalAnalysis