INJ Long Spot Trade (Support Pullback)Market Context: Since Monday, INJ has shown a strong reversal. A minor pullback to the $18.00 support level could offer a favorable entry for a long position if momentum sustains.
Trade Setup:
Entry: Around $18.00
Take Profit:
First target: $20.50 - $24.00
Second target: $28.00 - $31.00
Stop Loss: Just below $17.00 (daily close)
This trade targets further upward movement while maintaining a manageable risk. #INJ #Crypto
INJUSDT
INJ SWING LONG OPPORTUNITY - Injective Network INJ was one of the most bullish coins last year during the 2023 autumn altcoin season, achieving over an 8x increase! I strongly recommend following this coin during the 2024-2025 altseason.
Technical Analysis: The price reached a weekly swing point and wicked off it, but couldn’t close below, showing a strong rejection from that level. This led to the creation of a daily demand zone, which I find significant since the weekly run occurred before this daily demand was formed, suggesting strong support potential.
The price has now hit the daily demand zone and is sitting at a maximum discount area. I’ll be watching for lower time frame confirmations to anticipate price movement, but things are looking great.
Targets: There is a bearish trendline that has defined the bearish structure since June 2024, which I consider the first take-profit level. Additional targets are visible on the chart, with 24.94 and 28 USD as potential levels. I expect we could reach these targets before the new year.
$INJ update: still in a raising patternFollowing this weekend’s mini crash when Israel targeted Iran, creating uncertainty and pushing CRYPTOCAP:BTC dominance up to 60%, most altcoins experienced another pullback. The CRYPTOCAP:TOTAL3 index (alts excluding CRYPTOCAP:ETH and CRYPTOCAP:BTC ) has dropped to $500B, impacting the broader altcoin market.
CRYPTOCAP:INJ has not performed well, mainly because many early investors who bought at $2 are now gradually taking profits after a 10x gain, creating ongoing selling pressure.
Despite this, CRYPTOCAP:INJ continues to build partnerships (most recently with FETCH) and expand listings (such as Upbit), showing sustained investor interest. However, selling pressure has been counterproductive, limiting CRYPTOCAP:INJ 's ability to rally significantly.
The chart indicates a rising wedge channel, with new support levels forming and higher lows, signaling a shift towards bullish control.
CRYPTOCAP:INJ appears ready for an explosive move as profit-taking subsides and new investors hold. The support and resistance levels on the chart will be monitored, with updates as the market unfolds.
INJ ANALYSIS🚀#INJ Analysis :
🔮#INJ is trading in a symmetrical triangle pattern on the daily timeframe. 💁♂️
We could expect a breakout and reach towards resistance 1 zone and could expect a potential bullish move📈
Expect a bullish wave of around 20-25% in the coming days
🔰Current Price: $20.20
🎯 Target Price: $27.35
⚡️What to do ?
👀Keep an eye on #INJ price action. We can trade according to the chart and make some profits⚡️⚡️
#INJ #Cryptocurrency #TechnicalAnalysis #DYOR
INJ Long Position (Retrace to Support)Market Context: INJ is currently retracing down to the next key level of support, presenting an opportunity for a long spot entry.
Trade Setup:
Entry: Around $19.00
Take Profit:
First target: $22.50 - $25.00
Second target: $28.00 - $31.00
Stop Loss: Just below $18.00
This setup aims to capitalize on the retrace and potential bounce from strong support levels. #INJ #Crypto #Support #Trading
INJUSDT Strong Bounce and Trendline Breakout. 3-Digit Potential!INJUSDT has bounced off a significant support level and executed a powerful breakout from its trendline. With the 2021 ATH acting as major support, we anticipate a bullish momentum building toward the $30 mark. Given the current market dynamics, a move into the three-digit territory seems possible in the near future. Keep an eye on this one for potential upside!
INJUSDT Currently trading at $21.7
Buy level: Above $21
Stop loss: Below $17.5
TP1: $25
TP2: $30
TP3: $39
TP4: $53
Max Leverage 3x
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INJUSDT All-Time High Soon?INJ/USDT has successfully bounced off a major support level, setting the stage for an upward move. The price has broken through a key trendline and is now facing minor resistance around $23. A breakthrough of this resistance could lead to a significant price rally as INJ aims to reclaim its all-time high.
Trade safe and always remember to use a stop loss to manage your risk!
INJUSDT (4h Chart) Technical analysis
INJUSDT (4h Chart) Currently trading at $22.4
Buy level: Above $22.75
Stop loss: Below $18
TP1: $26
TP2: $31
TP3: $40
TP4: $53
Max Leverage 3x
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Is INJ Coin Heading for a Deeper Correction?After the significant hype surrounding BINANCE:INJUSDT during the winter and spring, the coin's price began to decline, losing over 50% from its peak in the initial drop. However, by mid-September, the price made a recovery, climbing back above the important $20 mark and breaking through the descending trend line of a falling channel.
While this upward movement appeared to be a bullish signal, the momentum failed to push the price towards the $30 resistance level. Instead, it retreated back to the $20 support level.
Looking ahead, I anticipate that the $20 support level may soon be broken on the downside. If this happens, we could see an accelerated price drop, possibly bringing the price down to $10. The current price action suggests weakening support, raising the likelihood of a deeper decline in the near future.
INJUSDT: Long-Term Target $100?INJUSDT Technical analysis update
INJ has been trading inside a falling wedge for the last 275 days and is now breaking the wedge's resistance trend line. We can expect a gradual bullish move in INJ. Additionally, the previous all-time high (ATH) acts as strong support, and the price has recently bounced from this level. By the end of 2024, INJ could potentially reach $100.
INJ/USDT: BREAKS OUT! READY FOR AN ATH!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
INJ looks good here. It breaks out from the falling wedge-like structure and is currently, retesting the wedge. Buy some here and add more in the dip.
Entry range:- $19-$21
Targets:- $27/$34/$42/$52
SL:- $17
What are your thoughts on INJ's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
$INJ WARNING. It is about to pump: are you ready?Check out my other idea on $INJ. I'm closely following this coin because it's on my list of the most promising for the upcoming alt season.
CRYPTOCAP:INJ has been suppressed by a bearish MACD on the daily timeframe. However, the indicator is about to cross, signaling that the selling pressure may be ending, and a buying trend could follow.
- The team is working tirelessly, announcing new updates, bridges, or partnerships almost daily.
- They are also burning tokens, which will drive a deflationary trend, especially since there are no more token unlocks, and the tokenomics are free from VC influence.
Check out the news here; it's impressive: crypto.news
I remain very bullish on CRYPTOCAP:INJ despite its recent underperformance, mainly due to some technical indicator resets.
Let's see if this idea follows its path, just like the others.
DYOR
INJ Long Position (Resistance Breakout)Market Context: INJ has broken a crucial resistance and is showing strong signs of upside momentum, with moving averages beginning to trend upwards. We are looking for a pullback to the new support level around $17.5 to enter a long position.
Trade Setup:
Entry: Enter a long trade around $17.5 (new support level).
Take Profit:
First target: $20
Second target: $25
Third target: $30
Stop Loss: Below $16
📊 This setup is based on the retest of newly formed support and aligns with bullish market indicators. #INJ #Breakout #Crypto
INJ-USDT 1W chartHello everyone, let's look at the 1W INJ to USDT chart, in this situation we can see how the price is moving in a downtrend channel, and currently we can see how the price is approaching towards the upper border.
Let's start by setting goals for the near future, which include:
Target1 $22.80
Target2 $28.67
Target3 $33.13
AND
Target4 $37.90
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $16.63
SL2 = $13.35
SL3 = $9.27
SL4 = $5.75
#INJ Technical Analysis in a 2-Day TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
INJ is currently rebounding from the accumulation range between $15.12 and $17.85. The price is likely to reach the primary resistance, which ranges between $20 and $21.45.
Once INJ breaks above this resistance, it will likely test the $30.51 resistance level. For now, all eyes are on the current market price.
The RSI is gaining strong momentum for the rally.
Key levels:
- Accumulation: $15.12 to $17.85.
- Primary Support: $15.12.
- Primary Resistance: $20 to $21.45.
- Targets: $30.51 to $52.17.
- Invalidation: A daily candle close below $12.74.
DYOR, NFA.
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#PEACE
$INJ Buy zone where to refill your bagCRYPTOCAP:INJ is a great project, solid, supported by good technology, but currently undervalued. It is, for example, much better than $AVAX.
CRYPTOCAP:INJ might have quite an impressive market cap this cycle due to its resilience and overall quality as a project compared to others.
Also, CRYPTOCAP:INJ has no more unlocks.
CRYPTOCAP:INJ is in a bearish pennant pattern which target is between $17-$18.
The green box is my buy target. It offers an almost guaranteed +10% to +15% gain without leverage at the next pump.
Buy in the green box and sell at $23, for example.
You can also hold this coin. It has already performed a huge reaccumulation phase and is poised to reach a new all-time high this cycle. In my opinion, it is a potential x5 to x10 coin.
Always do your own research (DYOR). This is not financial advice.
INJUSDT Price Rebounds from Key Support Zone!!The INJUSDT price has shown a strong bounce from a major support zone, supported by significant trading volume. This momentum looks promising, and after a minor retest, a substantial upward movement is expected, potentially reaching a new all-time high. However, it’s crucial to always set a stop-loss to manage risk effectively.
INJUSDT (1D Chart) Technical analysis
INJUSDT (1D Chart) Currently trading at $18.5
Buy level: Above $17.5
Stop loss: Below $14
TP1: $22
TP2: $29
TP3: $33
TP4: $45
Max Leverage 3x
Always keep Stop loss
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