INJ has faced repeated rejections at **$30**, indicating significant sell orders at this level. However, the overall trend remains bullish, driven by genuine organic growth rather than market manipulation.
Its uptrend is consistent and precise, following technical indicators like a **Swiss clock**.
Once INJ breaks above **$31** and establishes it as a support level, we could witness an impressive rally. 🚀
Patience is key—focus on long-term investments in quality projects. Recently, INJ bridged its meme with Solana, which is expected to bring in additional liquidity and strengthen the ecosystem.
A solid buy, in my opinion, backed by fundamentals and a promising outlook.
Update: INJ has not started its bullish wave, it is just warming up.
On weekly you can see that the MACD is still at the beginning of the pump.
We just gold a Golden cross (SMA200xSMA50) which indicate a bullish wave is coming.
Note
INJ has reached $35. I cannot update my idea due to Trading View forcing me to close my idea early, since I refuse to pay their professional subscription. So I only can write notes. Sorry about that.
Note
Massive stop-loss hunting candle!!! if you had a stop loss at $24 you will probably wake up with -20% in your portfolio!!!
Altcoins is a risky business.
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.