$INJ is testing a critical rising trendline after pulling back from $9.40, and the $6.80–$7.20 zone is where buyers need to step in.
Holding this area and forming a higher low could set the stage for a recovery.
A daily reclaim of $7.50–$7.80 would put $8.20–$8.50 next, followed by a retest of the $8.90–$9.40 resistance zone.
If buyers clear that barrier, the $10 target comes into focus. However, losing $6.80 on a daily close could expose $6.30–$6.50 and potentially $5.80–$6.00.
The trendline is being tested. Can buyers defend it and turn this pullback into another rally?
#BTCRebounds80K
Holding this area and forming a higher low could set the stage for a recovery.
A daily reclaim of $7.50–$7.80 would put $8.20–$8.50 next, followed by a retest of the $8.90–$9.40 resistance zone.
If buyers clear that barrier, the $10 target comes into focus. However, losing $6.80 on a daily close could expose $6.30–$6.50 and potentially $5.80–$6.00.
The trendline is being tested. Can buyers defend it and turn this pullback into another rally?
#BTCRebounds80K
