$INJ (1M) – Still reflecting the previous cycle.
INJ is currently struggling with the $8 resistance zone.
In the last cycle, the price spent around 6 months battling in this same area before finally breaking through.
What came next was a run to $52.
So if INJ gets boring here for a while, don't mistake it for weakness.
Sometimes the market just needs time to build pressure.
Break $8 and the next stage begins.
First area I'm watching after that: $13–$16.
$INJ
INJ is currently struggling with the $8 resistance zone.
In the last cycle, the price spent around 6 months battling in this same area before finally breaking through.
What came next was a run to $52.
So if INJ gets boring here for a while, don't mistake it for weakness.
Sometimes the market just needs time to build pressure.
Break $8 and the next stage begins.
First area I'm watching after that: $13–$16.
$INJ
