Injective (INJ) is a decentralized layer-one blockchain tailored for finance, offering a platform for building decentralized finance (DeFi) applications focusing on interoperability and scalability. Demonstrates a strong commitment to advancing decentralized finance through innovative technology and active community engagement. While certain areas, such as roadmap...
1. Instrument Identification Instrument: ONDO Finance / USD (OND/USDT) from Coinbase. Time Frame: Daily chart (1D). 2. Trend Analysis Current Trend: Strong uptrend, indicated by: Recent Break of Structure (BoS) to the upside. Higher highs (HH) and higher lows (HL) forming. Significant bullish momentum with strong impulsive candles, suggesting...
Observations and Analysis: Trend Analysis: The current uptrend is evident as Ethereum (ETH/USD) is making higher highs and higher lows. The current price is around $3,935, reflecting a strong upward trend. Key level to watch: $4,000–$4,050 as the next significant milestone that aligns with previous highs. Key Levels: Premium Zone (Resistance): Around...