๐ธ Key Support Zone at $6 - $9:
INJ is consolidating in a strong accumulation zone between $6 and $9, indicating a potential reversal.
๐ธ Upside Target: $50+
If INJ breaks out from this zone and gains momentum, it could target $20, $30, and potentially $50 in the long run.
๐ธ Risk Level at $5.80:
A breakdown below $6 could invalidate the bullish outlook, signaling further downside risk.
๐ธ Action Plan:
Ideal accumulation range: $6 - $9
First confirmation: Break above $12
Strong bullish confirmation: Break above $20
Monitor volume and price action near the resistance levels.
This setup suggests a high reward potential if INJ sustains above support and follows the projected path.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.