$INJ is starting to look interesting again.
Price has been holding the $7.00–$7.20 support zone for several weeks, and buyers are finally pushing back with a strong move toward $7.76.
There’s also a descending trendline above price. I want to see INJ break through it and hold above $8.00. If that happens, I think we could see $8.50 first, followed by $9.00 and potentially $10.
Even if we get a small pullback toward $7.30, I’m not worried as long as the main support zone holds. But a clean break below $7.00 would weaken this setup.
I’m leaning bullish on INJ here. The next few 4H candles should tell us a lot. 📈
Price has been holding the $7.00–$7.20 support zone for several weeks, and buyers are finally pushing back with a strong move toward $7.76.
There’s also a descending trendline above price. I want to see INJ break through it and hold above $8.00. If that happens, I think we could see $8.50 first, followed by $9.00 and potentially $10.
Even if we get a small pullback toward $7.30, I’m not worried as long as the main support zone holds. But a clean break below $7.00 would weaken this setup.
I’m leaning bullish on INJ here. The next few 4H candles should tell us a lot. 📈
