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INJUSDT

Injective looks ready for bullish move🔥 🚀INJ Today Analysis💎INJUSDT is gearing up for an impressive bullish surge. Currently, it's trading within a falling wedge and is on the brink of an upward breakout. 💎Another noteworthy point is that INJUSDT is following the 1-5 Elliot Wave pattern, which could further reinforce its upward trajectory. 💎Moreover, the RSI is also signaling an upward trend, providing a strong indication of potential bullish momentum. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journe
Long
by MyCryptoParadise_Simon
INJUSDT to bounce from daily supportThe last long did not work out. We had a bit bounce from the 4h support but it was not substantial to fulfill our trade goals. However, the price has now come to the daily support. This zone is a pretty strong support zone and will provide support to the price and the price is likely to hold this level at least to allow the price to bounce good enough for a long trade. You can see on the chart that this level has held the price in past when the price hit this level several times and finally provided a good upward move. And therefore, I believe this is a good level to go long spot. The trade idea has been put on the chart but it can be adjusted as per the need. The idea is not to lose this opportunity due to just a spike on the down side.
Long
by angela_altair
WILL $INJ REACH $6 AGAIN BEFORE BULL RUN OR CONTINUE TO RALLY?CRYPTOCAP:INJ has made an explosive run upwards since the buy setup executed by $5.40 in the previous analysis on $INJ. Begs the question, will CRYPTOCAP:INJ reach $6 again? I think price will reach $6 again. Below are the confluences for my Bearish stance - Price is currently in a Weekly Rejection Block - Sell Side Liquidity has been taken on the Weekly and Daily timeframes that was at $9.58 - Retail Market Sentiment is bullish as we can see major news articles are writing about the bull market coming which is always great for an institutional trader as there is retail liquidity to raid. - Price is also in a Daily Bearish Order Block that has not been violated as yet. - There is a Fair Value Gap by $8.50 as well as another Fair Value Gap by $6.50 which the algorithm will most likely be targeting to close before another big rally. - There is Buy side Liquidity (retail buy stoploss) by $7.75 which is very attractive. We are currently in Q3 and I project that prices within the Crypto market will make their lows within this quarter in August-September before a Bullish rally begins again. N.B: If you enjoy and learn from detailed analysis like this one, do well to follow, like and share this analysis to your fellow traders. Happy Trading Pals
Short
by Evaliste
INJ : DOWN Recovery possiblity The first target where it can break down is $7.79 with the following below $7 We will study soon if this is the end of the cycle of INJ. INJ did as one of the best coins since time, and we did add about it since this update: With the following before $2 There is a possibility that INJ is going to see a trend recovery in the coming time, how far that exactly is, we should check with the time frame. There is no must that this recovery should happen, it's only about the high chance depending on the technical view of the coin.
Short
by Goldenbreakout
2