A year and a half ago, INJ was in full hype mode, with fantasmagorical predictions of $200+, even though the coin had already done a 40x move.
(And not to brag—but at that moment, with INJ trading around $40, I said that $10 was far more likely than $200. It actually dropped to $6.5...)
Fast forward to today, and things are starting to look more constructive—at least, if you're not aiming for the moon:
🔹 After the local low at $6.5, price formed a small inverted Head & Shoulders
🔹 Then it confirmed new support at $10, a key psychological level and neckline zone
🔹 Now it's pressing into the $15.5 resistance
From my perspective, the setup is starting to favor the bulls.
If we get a clean breakout above $15.5, the next resistance is around $20, but I wouldn’t be surprised to see a push to $25–26, or even slightly above $30, if momentum builds.
📌 Not a hype call.
It’s a realistic technical setup, built on structure—not dreams.
(And not to brag—but at that moment, with INJ trading around $40, I said that $10 was far more likely than $200. It actually dropped to $6.5...)
Fast forward to today, and things are starting to look more constructive—at least, if you're not aiming for the moon:
🔹 After the local low at $6.5, price formed a small inverted Head & Shoulders
🔹 Then it confirmed new support at $10, a key psychological level and neckline zone
🔹 Now it's pressing into the $15.5 resistance
From my perspective, the setup is starting to favor the bulls.
If we get a clean breakout above $15.5, the next resistance is around $20, but I wouldn’t be surprised to see a push to $25–26, or even slightly above $30, if momentum builds.
📌 Not a hype call.
It’s a realistic technical setup, built on structure—not dreams.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.