$INJ The long liquidation indicates pressure on leveraged buyers around $8.648. However, the daily technical outlook remains bullish, with momentum and moving averages supporting the broader structure; a loss of nearby support would be the key warning that the pullback is deepening.
Support: $8.455, then $7.880
Resistance: $8.934, then $9.310
Next Target: $9.310 after a confirmed breakout; $7.880 if support fails.
Invalidation: A sustained break below $8.455 weakens the bullish continuation setup.
If INJ holds support and reclaims $8.934, buyers could target the next resistance zone. Failure to hold support may expose lower liquidity, so confirmation matters more than anticipation.
Let's go $INJ 🚀
Support: $8.455, then $7.880
Resistance: $8.934, then $9.310
Next Target: $9.310 after a confirmed breakout; $7.880 if support fails.
Invalidation: A sustained break below $8.455 weakens the bullish continuation setup.
If INJ holds support and reclaims $8.934, buyers could target the next resistance zone. Failure to hold support may expose lower liquidity, so confirmation matters more than anticipation.
Let's go $INJ 🚀