INJUSDT trade ideas
$INJ/USDT Bullish Outlook
๐ธ Key Support Zone at $6 - $9:
INJ is consolidating in a strong accumulation zone between $6 and $9, indicating a potential reversal.
๐ธ Upside Target: $50+
If INJ breaks out from this zone and gains momentum, it could target $20, $30, and potentially $50 in the long run.
๐ธ Risk Level at $5.80:
A breakdown below $6 could invalidate the bullish outlook, signaling further downside risk.
๐ธ Action Plan:
Ideal accumulation range: $6 - $9
First confirmation: Break above $12
Strong bullish confirmation: Break above $20
Monitor volume and price action near the resistance levels.
This setup suggests a high reward potential if INJ sustains above support and follows the projected path.
ARE YOU STILL HOLDING OR DCA-ING INJ? IโM KINDA WORRIED FOR YOU!ARE YOU STILL HOLDING OR DCA-ING INJ? IโM KINDA WORRIED FOR YOU!
Take a good look at the marketโs masterful manipulationโitโs a work of art, and INJโs case is pure genius! That red zone? Thatโs you sliding downhill. The peak you conquered was around $53, a glorious summit. The key milestone hit in May 2024, when INJ screamed loud and clear: โThis is the top, folksโtime to roll down!โ Once youโve scaled the mountain, no one hangs out at the peak foreverโitโs a natural descent.
If you started DCA-ing from May, chances are you missed the glaring sign that INJ had already peaked. From May 2024 to now, how many price levels have you averaged in at? Kept buying more, didnโt you? Remember November and December 2024? INJ spiked from $20 to a corrective wave peak of $35โa thrilling ride, right? But hold your cheersโthat wasnโt springtime; it was a sly โpeak trapโ designed to lock you into high-priced positions. Then, bam, the market yanked it back down to $9, leaving your account bleeding with a brutal 78% loss.
On my chart, Iโve marked some green zonesโthose are the โfutureโ zones. If youโre not thinking straight, Iโd start scooping up INJ at $9 and along the $5-$6 range. But hereโs the catch: INJ hasnโt shown signs of bottoming out yet. Thereโs no fresh money flowing in to kickstart the next cycleโs uptrend. Sure, buying at this range gives you a sweet price advantage, but youโre missing the critical piece: TIME VALUE.
Imagine this: you grab INJ at $9, but the next bull wave doesnโt hit until 2027. That means your capitalโs stuck in INJ purgatory until then, with no profits in sightโjust dead money.
Thatโs why Iโm holding off. Iโll wait until INJโs bottoming indicators light up before jumping in.
As for those still clutching INJ at $40, $20, or $30โฆ man, Iโm genuinely worried for you!
Good luck out there!
INJ | ALTCOINS | Bottom Likely CLOSEIn the previous cycle, INJ made a near full retracement after the bullish cycle.
This would put us round here, to which we are already fairly close:
To make it a little easier to reference, I'll use the Elliot wave tool (although these are not Elliot waves).
In short, the bottom is likely very close for INJ - but accumulation / sideways phase may take another while.
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BINANCE:INJUSDT
#INJUSDT is setting up for a breakout Long BYBIT:INJUSDT.P from $10,346
๐ก Stop loss $10,182
1h Timeframe
โก Plan:
โก๏ธ Waiting for consolidation near resistance and increased buying activity before the breakout.
โก๏ธ Expecting an impulsive upward move as buy orders accumulate.
๐ฏ TP Targets:
๐ TP 1: $10,550
๐ TP 2: $10,730
๐ TP 3: $10,849
๐ BYBIT:INJUSDT.P is setting up for a breakoutโpreparing for an upward move!
Breaking: Injective Protocol ($INJ) Set For a Comeback The first and only blockchain built for finance that is open, interoperable layer-one blockchain powering next-generation finance applications, including DeFi, RWAs, AI, decentralized exchanges, prediction markets, lending protocols, and more, is set for a comeback with a speculated 140% surge in sight.
Weeks after Breaking down from a rising wedge which is a bearish pattern, CRYPTOCAP:INJ has shown signs of a reversal. With the Relative Strength Index (RSI) already oversold at 28 CRYPTOCAP:INJ is gearing up for a massive comeback with the All-time high of $52.75 a move to the $19 pivot point could spark the resurgence to the recent ATH attained.
Similarly, with growing momentum and the asset trading below key moving averages (MA) CRYPTOCAP:INJ is currently up by 3.41%. The Injective Protocol is becoming an asset worth watching.
Injective Price Live Data
The live Injective price today is $8.77 USD with a 24-hour trading volume of $166,682,991 USD. Injective is down 7.91% in the last 24 hours, with a live market cap of $867,892,886 USD. It has a circulating supply of 98,970,935 INJ coins and the max. supply is not available.
$INJ next support is at $8.45I donโt have good news.
I remember buying CRYPTOCAP:INJ last June and selling it at a loss in December. Looking back, Iโm glad I didโif I had held, my losses would now be over 80%, which is catastrophic.
Iโve spent some time in the Dojo Trading Telegram chat, talking with some great people. No doubt, there are real believers and long-time holders there. I feel for them, seeing how bad things are going now.
๐ The chart shows the next support at $8.5โI canโt believe Iโm writing this, but it is what it is. Hopefully, that will be the bottom.
In another idea (check my profile), I predicted a bearish crypto market until May 2025, followed by two months of relief with a pump and a mini altseason.
That said, nothing is certain in this toxic environment filled with war tensions, tariffs, and a looming recession.
Iโm sticking to my view that May and June will be bullish, purely based on indicators and charts.
The dump is global. A few new coins are hyped for a couple of weeks, but the entire crypto market has been bleeding since June 2024. The brief relief in December? Completely erasedโand worse.
Prepare for the worst. The storm will end in May. Go fishing, touch some grass. CRYPTOCAP:INJ and NASDAQ:ATOM are solid projects, but right now, only whale stakers are profiting, while retail investors are getting slaughtered.
DYOR.
INJ Price Analysis: Key Zones & Reversal ScenariosHey everyone! ๐
Let's dive into this price chart and see whatโs going on with INJ.
Overview:
Weโre looking at INJ on a weekly timeframe , and there are some interesting levels to watch. The chart shows **three key zones** where price reactions might happen, marked with price levels. There are also areas of liquidity (LQ) , where the market might make a move before reversing direction.
Potential Reversal Scenarios:
Three possible price movements are shown with yellow arrows , each representing a different way the price might reverse. The second arrow is the primary scenario, suggesting that after sweeping at least one liquidity level, the price could bounce back upโespecially if thereโs solid volume and a strong candlestick pattern.
- Main Support Zone (3.84 - 4.84): This area is the most important. If the price reaches this zone and shows good volume and a strong candlestick pattern, it could signal a trend change.
- Other Support Zones (2.55 - 2.85 and 7.38 - 8.92): These are additional key levels. A drop below these could change the outlook.
Take Profit (TP) Targets:
TP levels are marked on the chart. If the price reverses as expected, these targets may be reached.
Final Thoughts:
Nothing in crypto is guaranteed! Always look for confirmations like volume and candlestick patterns before making decisions. Stay informed, trade smart, and always do your own research! ๐๐ก
INJUSDT 1WThe price is currently in an uptrend and, after breaching the $25 threshold, it has entered a corrective phase. It is presently consolidating within the support zone delineated by the channelโs lower boundary and the ascending trendline. It appears that approximately one month will be required to complete the bottoming process for this asset. Following this consolidation, I anticipate a bullish move towards historical highs, with an initial target of $25.
INJ Long OpportunityMarket Context:
INJ has retraced into a strong support zone, presenting a high-probability long trade for a potential rebound.
Primary Trade Setup:
Entry: $13.00 - $12.00
Take Profit Targets:
$16.00
$18.00
Stop Loss: Below $11.30
Secondary Trade Setup (Deeper Support):
Entry: $10.00 - $9.50
Take Profit: Adjust based on price action
Stop Loss: Below $9.00
This setup targets a bounce from major support, with the potential for a stronger rally if bullish momentum returns. ๐
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