INJ Gears Up For $24.50 Injective Protocol bounced amazingly at its local bottom yesterday. Since hitting $20, INJ is on fire and delivers a strong performance.
But it is getting better: INJ printed a #bullish EMA crossover on the 4H chart. This signal further underpins the uptrend and should fuel INJ's run toward the next resistance at the 24.5 - 25 level.
Although the backtests do not perfectly support gains of 7-9%, the chart definitely supports them.
Currently, INJ is trading in a mini bull flag, and I expect a breakout and test of the 24.5 level within 24 hours.
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