🔥 $INJ 4H Bullish Hammer Prints After Liquidity Sweep! Is $9.50+ Next? 📈
After an explosive run from $6.411 to $9.422, $INJ just completed a textbook higher-timeframe reset. While lower-timeframe traders got shaken out on the -5% flush to $8.441, the multi-timeframe structure tells a very different story.
🔍 Multi-Timeframe Technical Breakdown:
1️⃣ 4H Chart (Macro Trend Continuation):
The previous 4H candle flushed down to $8.441, absorbed all sell-side pressure comfortably above the rising 4H Bollinger Middle Band ($8.247), and closed with a long lower rejection tail—a classic 4H Bullish Pin Bar / Hammer. Meanwhile, the 4H Supertrend (10,3) remains intact at $7.968, and 4H RSI (14) has reset cleanly to 60.88, giving bulls plenty of fuel for the next leg up.
2️⃣ 1H Chart (The Inflection Gate):
Hourly volume is stepping back in (516K INJ clearing the 453K MA5) as price presses against $8.795. The key battleground right now is the 1H Bollinger Middle Band at $8.881. A decisive 1H close above $8.881 – $8.910 flips short-term momentum back to the bulls and opens a vacuum toward the 1H Supertrend ceiling at $9.173.
3️⃣ 15m Chart (Intraday Structure):
Short-term support has established a solid floor around $8.567 – $8.691 (15m Supertrend & Middle Band confluence).
🗺️ Key Levels on the Radar:
Immediate Support: $8.690 / $8.567
Macro Swing Floor: $8.441 (24h Low & 4H Hammer Tail)
Breakout Gate: $8.881 – $8.910
Upside Magnet 1: $9.173 (1H Supertrend)
Upside Magnet 2: $9.368 – $9.422 (1H Upper Boll & 24h High)
HTF Extension Target: $9.542+ (4H Upper Bollinger Band)
Watch the upcoming 1H candle closes closely—if bulls reclaim $8.881 on expanding volume, the squeeze back above $9.17+ c ould move fast.
Are you longing this $INJ dip or waiting for the $8.88 breakout confirmation? Drop your thoughts below! 👇
Disclaimer: Technical analysis for educational purposes only. Not financial advice—always DYOR and manage your risk.
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