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INJ 2-4 Long / Tether

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INJUPUSDT trade ideas

Inj/usdt Don't Be So BullishGet ready for an exhilarating adventure in the crypto world! 🤑 I'm expecting INJ/USDT to soar to $18, or it might even aim for the stars at $1,850! 🚀🌕 But, here's the twist: After that exciting climb, there's a chance INJ/USDT might take a breather and come back down to $15. 😓 Always remember, investing in crypto is an adventure. Keep your eyes wide open 👀 and do thorough research 📚 before making any financial decisions. This isn't financial advice, but it's your compass in the crypto jungle! 🌴💰 Happy trading, brave crypto explorers! 📈💎"
Short
by Crypto-By-Ghazi
Will INJ slide into local demand?INJ has been on fire lately and is still my largest crypto holding. The token has really become the value prop of the cosmos ecosystem as my original thesis was predicting. The token has doubled in value in less than a month and should correct heavily at some point. There is clear bearish divergence with rising price and falling RSI. It would make sense for the token to fall to 12ish dollars here but I dont like to short powerhouses like this. I will keep my long-term spot staked.
Short
by Apollo_21mil
INJ tends to riseFrom where I entered "START" on the chart, the INJ climbing structure has started. The structure is a diametrical (or symmetrical). On our chart, there is a large liquidity pool, which I have shown with the symbol $$$. If we have a diametrical (diametric corrective branches are 7), there will be only one G wave, which by removing the liquidity pool and hitting the specified supply, the upward structure can be finished and inj will enter the corrective phase. This is just an idea and you should do the necessary checks to get a position and then enter the position with capital management and stop setting. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
INJ High time frameIn the lead up to the next bullrun now is a good time to research into strong projects that will look to out-perform BTC over the duration of the cycle. L1's are a large part of the cryptocurrency market with ETHEREUM being the leading L1 altcoin, a coin with a market cap of ~220B, due to diminishing returns with every cycle investing in projects that have yet to grow to this level offer a higher ceiling for potential gains. One of those L1's is INJECTIVE, an L1 that currently sits at approximately half its ATH set in May of 2021. A POS blockchain "built for finance" based on the COSMOS SDK able to facilitate cross chain transactions with other major L1's. Looking at competing L1's like SOLANA where it has an ATH of $260, an almost 8x from current price. This naturally brings on more sell side pressure as people that are still underwater from the previous cycle and are inclined to sell at break even as soon as price reaches that level. This will be the case all the way up to all time high. However, for INJ once it breaks it's previous ATH there is no sell side pressure as everybody is in profit every time a new ATH is made. This then snowballs into brand new territory, retail likes to FOMO in and smart money takes their profits. When looking at the last bullrun, CORDANO reached a total market cap of ~110B, if INJ was to do the same it would mean a price of $1100/INJ. Not saying this is going to happen but stranger things have happened. Very exciting prospect and definitely a project I am anticipating to be one of the best performing in 2024-2025.
by ProR35
INJ/USDT Technical Analysis OverviewINJ/USDT Price Outlook: INJ has already seen massive gains during this bear market, doing a 10x before the start of the new bull run. It just broke out of a bullish pennant pattern, signaling a continuation of the uptrend per the technical chart. The initial price target is around $20. I'd expect a minor retracement back to ~$9 first to retest the former resistance level. This would provide a solid buy zone right before the next leg up. With the bullish pennant breakout, if INJ holds support above $9, the technical analysis points to strong upside potential against USDT.
Long
by CryptoPatel