INJ
5.42
-4.24%
$INJ INJ/USDT:
INJ shows a solid technical structure after breaking resistance at $4.41, driven by the native integration of USDC and aggressive deflationary fundamentals. It's trading above its 50 and 100 EMA, confirming bullish momentum.
EMA 50 (Support): $4.27
Ideal Entry Zone: $4.55 - $4.70 (Retest of breakout zone)
Take Profit 1 (TP1): $5.10 (Immediate psychological resistance)
Take Profit 2 (TP2): $5.56 (Fibonacci projected high)
Take Profit 3 (TP3): $6.20 (Medium-term trend extension)
Stop Loss (SL): $4.20 (Daily close below the 50 EMA)
Note: RSI at 70 indicates strength, but watch for consolidation. Always manage your risk!