$INJ /FDUSD READY FOR A BULLISH REVERSAL?
Injective (INJ) is showing early signs of a potential bounce after reclaiming the $5.70โ$5.76 zone, with buyers starting to step in from the lower supports. Momentum is improving and the market may attempt a move back toward higher resistance levels if bulls sustain control.
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๐น Current Price: $5.76
๐น Key Levels
Support Levels:
$5.31 โ Major intraday support
$5.05โ$4.85 โ Strong demand zone & last line of defense
Resistance Levels:
$6.56 โ First major resistance
$7.42 โ Strong resistance where sellers previously stepped in
$8.27 / $8.93 / $9.13 โ Wider upside targets if momentum continues
INJ holding above $5.31 signals strength and potential upward continuation.
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๐ Trade Setup โ Long Position
Entry:
โก๏ธ $5.70 โ $5.76
Targets (TP):
TP1: $6.56
TP2: $7.42
TP3: $8.27
Stop-Loss (SL):
$5.31 (below key support)
This setup favors a bullish continuation as long as INJ stays above the $5.31 support.
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โจ Final Note
Stay focused, trust your analysis, and move with confidence. Every step you take brings you closer to masteryโkeep going, youโve got this!$INJ #nimistark

